DuPont (DD) Tops Q3 EPS by 3c
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DuPont Reports 3Q Operating EPS of $0.13; YTD Operating EPS of $2.49
October 27, 2015 6:00 AM EDTWILMINGTON, Del., Oct. 27, 2015 /PRNewswire/ --
Third-Quarter Highlights
Third-quarter operating earnings per share were $0.13 versus $0.39 in prior year. GAAP1 earnings per share were $0.14 versus $0.36 in prior year. Results reflected macro challenges including currency; industry wide challenges in Ag markets, particularly in Brazil; and continued weakness in emerging markets and oil and gas markets affecting Safety & Protection, partially offset by continued positive effects of the operational redesign and cost reductions in the quarter, including performance-based compensation. Segment pre-tax operating earnings of $433 million included $187 million, or $0.17 per share, of negative... More