Investing.com - DuPont (NYSE:DD) De Nemours reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
DuPont De Nemours announced earnings per share of $1.08 on revenue of $4.27B. Analysts polled by Investing.com anticipated EPS of $0.9939 on revenue of $4.03B.
DuPont De Nemours shares are down 6% from the beginning of the year, still down 12.64% from its 52 week high of $86.28 set on June 4, 2021. They are under-performing the S&P Global 100 which is down 2.19% from the start of the year.
DuPont De Nemours follows other major Materials sector earnings this month
DuPont De Nemours's report follows an earnings missed by Sherwin-Williams on January 14, who reported EPS of $1.35 on revenue of $4.76B, compared to forecasts EPS of $1.68 on revenue of $4.76B.
Freeport-McMoran had missed expectations on January 26 with fourth quarter EPS of $0.96 on revenue of $6.16B, compared to forecast for EPS of $0.9703 on revenue of $6.44B.
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