Dupont Q1 Earnings: Weak Agro And Performance Materials Sales Drag Revenues & Operating Earnings Down
DuPont (NYSE:DD) released its 2016 first quarter earnings report recently. [1] The company’s revenues & operating earnings declined for the quarter, with most of the decline coming from weak agricultural products and performance materials sales. With regards to the proposed merger with The Dow Chemical Company (NYSE:DOW), DuPont management said it is pleased with its current progress and remains confident the deal will be completed in the second half of 2016. [2]
The following table provides an overview of the company’s earnings.
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Have more questions about Dupont? See the links below:
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Notes:- DuPont Reports 1Q Operating EPS(1) OF $1.26 AND GAAP EPS OF $1.39, April 25, 2016, DuPont Investor Relations [↩]
- DuPont’s (DD) CEO Ed Breen on Q1 2016 Results – Earnings Call Transcript, April 26, 2016, Seeking Alpha [↩]