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EI DuPont De Nemours & Co. (DD) released a profit for its fourth quarter that rose from the same period last year.


RTTNews | Feb 9, 2021 06:13AM EST

06:12 Tuesday, February 9, 2021 (RTTNews.com) - EI DuPont De Nemours & Co. (DD) released a profit for its fourth quarter that rose from the same period last year.

The company's bottom line came in at $222 million, or $0.30 per share. This compares with $176 million, or $0.24 per share, in last year's fourth quarter.

Excluding items, EI DuPont De Nemours & Co. reported adjusted earnings of $698 million or $0.95 per share for the period.

Analysts had expected the company to earn $0.89 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.0% to $5.25 billion from $5.20 billion last year.

EI DuPont De Nemours & Co. earnings at a glance:

-Earnings (Q4): $698 Mln. vs. $704 Mln. last year.-EPS (Q4): $0.95 vs. $0.95 last year.-Analysts Estimate: $0.89-Revenue (Q4): $5.25 Bln vs. $5.20 Bln last year.

-Guidance:Next quarter EPS guidance: $0.75 - $0.77Next quarter revenue guidance: $3.75 - $3.85 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3168075/ei-dupont-de-nemours-co-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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