DuPont Reports Second Quarter Results
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DuPont (DD) Tops Q2 EPS by 13c, Revenues Miss; Raises FY19 EPS Guidance, Lowers Organic Growth Outlook
August 1, 2019 6:04 AM EDTDuPont (NYSE: DD) reported Q2 EPS of $0.97, $0.13 better than the analyst estimate of $0.84. Revenue for the quarter came in at $5.47 billion versus the consensus estimate of $5.63 billion.
2Q19 GAAP EPS from continuing operations of $(1.48); Adjusted EPS of $0.97, up 9 percent versus prior year2Q19 GAAP Income (loss) from continuing operations of $(1.1B); Operating EBITDA of $1.4BOperating EBITDA margins improve 170 basis points on disciplined cost control and higher local priceRaises full year pro forma adjusted EPS guidance to $3.75 to $3.85; lowers organic growth to... More