E.I. du Pont de Nemours and Company (DD) to Release Earnings on Tuesday
E.I. du Pont de Nemours and Company (NYSE:DD) is scheduled to announce its earnings results before the market opens on Tuesday, July 25th. Analysts expect the company to announce earnings of $1.28 per share for the quarter.
E.I. du Pont de Nemours and (NYSE:DD) last posted its quarterly earnings data on Tuesday, April 25th. The basic materials company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.38 by $0.26. The firm had revenue of $7.74 billion during the quarter, compared to analyst estimates of $7.50 billion. E.I. du Pont de Nemours and had a net margin of 9.63% and a return on equity of 31.66%. E.I. du Pont de Nemours and’s revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.26 EPS. On average, analysts expect E.I. du Pont de Nemours and to post $3.83 EPS for the current fiscal year and $4.05 EPS for the next fiscal year.
E.I. du Pont de Nemours and Company (NYSE:DD) opened at 84.66 on Tuesday. The company has a market cap of $73.40 billion, a price-to-earnings ratio of 31.03 and a beta of 1.76. E.I. du Pont de Nemours and Company has a 1-year low of $66.02 and a 1-year high of $85.00. The company’s 50 day moving average is $80.24 and its 200 day moving average is $78.37.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Monday, July 31st will be paid a $0.38 dividend. The ex-dividend date is Thursday, July 27th. This represents a $1.52 dividend on an annualized basis and a yield of 1.80%. E.I. du Pont de Nemours and’s dividend payout ratio is currently 55.68%.
DD has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating and set a $87.00 price target for the company in a research note on Wednesday, April 19th. BidaskClub upgraded shares of E.I. du Pont de Nemours and from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. Deutsche Bank AG reiterated a “buy” rating and issued a $95.00 price target (up previously from $90.00) on shares of E.I. du Pont de Nemours and in a research note on Saturday, April 29th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $86.00 price target (up previously from $78.00) on shares of E.I. du Pont de Nemours and in a research note on Wednesday, April 26th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company. E.I. du Pont de Nemours and presently has a consensus rating of “Buy” and a consensus price target of $79.10.
About E.I. du Pont de Nemours and
E. I. du Pont de Nemours and Company is a science and technology-based company. It operates through six segments: Agriculture, Electronics & Communications (E&C), Industrial Biosciences, Nutrition & Health, Performance Materials and Protection Solutions. Its Agriculture segment includes products, such as corn hybrids and soybean varieties, herbicides, fungicides and insecticides.
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