Investing.com - DuPont (NYSE:DWDP) reported third quarter earnings that beat analyst's expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.74 on revenue of $20.1B. Analysts polled by Investing.com expected EPS of $0.72 on revenue of $20.22B. That compared to EPS of $0.55 on revenue of $15.35B in the same period a year earlier. The company had reported EPS of $1.37 on revenue of $24.25B in the previous quarter.
For the year, DuPont shares are down 24.29%, under-performing the S&P 500 which is up 1.04% year to date.
DuPont follows other major Basic Materials sector earnings this month
On October 25, VALE reported third quarter EPS of $0.27 on revenue of $9.54B, compared to forecasts of EPS of $0.38 on revenue of $9.47B.
BASF ADR earnings beat analyst's expectations on October 26, with third quarter EPS of $0.43 on revenue of $17.74B. Investing.com analysts expected EPS of $0.4 on revenue of $17.55B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar