DuPont (DD) Tops Q2 EPS by 9c, Sales Beat
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DuPont Reports Second-Quarter and First-Half Results
July 25, 2017 6:00 AM EDTWILMINGTON, Del., July 25, 2017 /PRNewswire/ --
Second-Quarter Highlights
GAAP1 earnings per share decreased 16 percent to $0.97 from $1.16 in prior year. Operating earnings2 per share increased 11 percent to $1.38 from $1.24 in prior year. Sales of $7.4 billion increased 5 percent on a 6-percent benefit from volume partially offset by a 1-percent decline in local price. Volume grew in all reportable segments, primarily led by Agriculture, Electronics & Communications and Protection Solutions. Segment operating margins expanded by about 80 basis points, led by improvements in Electronics & Communications, Industrial Biosciences and... More