DowDuPont Reports First Quarter 2019 Results

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DowDuPont (DWDP) Reports In-Line Q1 EPS, Revenues Miss

May 2, 2019 6:03 AM EDT

DowDuPont (NYSE: DWDP) reported Q1 EPS of $0.84, in-line with the analyst estimate of $0.84. Revenue for the quarter came in at $19.64 billion versus the consensus estimate of $19.9 billion.

First Quarter Financial Highlights

GAAP earnings per share from continuing operations totaled $0.23, a decline of 51 percent versus the year-ago period of $0.47. Adjusted earnings per share1 decreased 25 percent to $0.84, compared with the year-ago period of $1.12. Adjusted earnings per share excludes significant items in the quarter totaling net charges of $0.50 per share and an $0.11 per share charge for DuPont amortization of intangible assets. Adjusted earnings per share in... More