DowDuPont Reports Fourth Quarter and Full Year 2018 Results

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DowDuPont (DWDP) PT Lowered to $73 at UBS; Spinoff Soon

February 1, 2019 7:32 AM EST

UBS analyst John Roberts lowered the price target on DowDuPont (NYSE: DWDP) to $73.00 (from $81.00) while maintaining a Buy rating.

Roberts notes the next time Dow reports, it should be independent again of DowDuPont (Apr 1 spinoff targeted).

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DowDuPont (DWDP) Reports In-Line Q4 EPS, Revenues Miss

January 31, 2019 6:01 AM EST

DowDuPont (NYSE: DWDP) reported Q4 EPS of $0.88, in-line with the analyst estimate of $0.88. Revenue for the quarter came in at $20.1 billion versus the consensus estimate of $20.92 billion.

Fourth Quarter Financial Highlights

GAAP earnings per share from continuing operations totaled $0.21. Adjusted earnings1 per share increased 6 percent to $0.88, compared with the year-ago period of $0.83. Adjusted earnings per share excludes significant items in the quarter totaling net charges of $0.56 per share and an $0.11 per share charge for DuPont amortization of intangible assets.Net sales were even with the year-ago period at $20.1 billion, as... More