DuPont Earnings, Revenue Beat in Q1 By Investing.com

Investing.com – DuPont (NYSE:) reported on Tuesday first quarter that beat analysts’ forecasts and revenue that topped expectations.

DuPont announced earnings per share of $0.84 on revenue of $5.22B. Analysts polled by Investing.com anticipated EPS of $0.73 on revenue of $5.07B. That with comparison to EPS of $1.78 on revenue of $19.65B in the same period a year before. DuPont had reported EPS of $0.95 on revenue of $5.2B in the previous quarter. Analysts are expecting EPS of $0.66 and revenue of $4.76B in the upcoming quarter.

DuPont shares are down 30% from the beginning of the year , still down 41.94% from its 52 week high of $77.03 set on July 1, 2019. They are under-performing the which is down 12.39% year to date.

DuPont follows other major Basic Materials sector earnings this month

DuPont’s report follows an earnings missed by Air Products on April 23, who reported EPS of $2.04 on revenue of $2.22B, compared to forecasts EPS of $2.08 on revenue of $2.16B.

Sherwin-Williams had beat expectations on April 29 with first quarter EPS of $4.08 on revenue of $4.15B, compared to forecast for EPS of $3.92 on revenue of $4.13B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar