DuPont de Nemours, Inc. ($DD) 3Q20 Earnings Sneak Peek

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DuPont de Nemours, Inc. (NYSE:DD) agricultural chemical producer, is expected to report third quarter earnings results, before market open, on Thursday 29th October 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.75 per share.

Looking ahead, the full year income are expected at $ 3.03 per share on the revenues of $ 20096.60 million.

The Company Outlook

Earnings for 3Q20 are anticipated in a range of $ 0.71 ~ $ 0.73 per share

Full Year 2020 topline are forecasted in a range of$ 21,300.00 million ~ $ 21,800.00 million, where as bottomline are predicted in a range of $ 3.70 ~ $ 3.90 per share

Click Here For More Historical Outlooks Of DuPont de Nemours, Inc.

Previous Quarter Performance

DuPont de Nemours, Inc. communicated income for the second quarter of $ 0.70 per share, from the revenue of $ 4,828.00 million. The quarterly earnings shrunk 27.84 percent while revenues fell 11.70 percent compared with the same quarter last year.
Wall street analysts are predicting, DD to report 2Q20 income of $ 0.59 per share from revenue of $ 4698.28 million. The bottom line results beat street analysts by $ 0.11 or 18.64 percent, at the same time, top line results outshined analysts by $ 129.72 million or 2.76 percent.

Stock Performance

Shares of DuPont de Nemours, Inc. traded low $ -1.44 or -2.51 percent on Wednesday, reaching $ 55.91 with volume of 5.22 million shares. DuPont de Nemours, Inc. has traded high as $ 56.87 and has cracked $ 55.63 on the downward trend

According to the previous trading day, closing price of $ 55.91, representing a 102.44 % increase from the 52 week low of $ 28.33 and a 21.96 % decrease over the 52 week high of $ 73.49.

The company has a market capital of $ 41.03 billion and is part of the Basic Materials sector and Chemicals industry.

Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.30 per share on October 14, 2020. The dividend were payable on December 15, 2020 to holders of record as of the close of business on November 30, 2020 and ex-dividend date on November 27, 2020.

DuPont de Nemours, Inc. provides technology-based materials, ingredients, and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. The companys Electronics & Imaging segment supplies materials to manufacture photovoltaics and solar cells; materials and printing systems to the advanced printing industry; and materials and solutions for the fabrication of semiconductors and integrated circuits addressing front-end and back-end of the manufacturing process.