DuPont Reports First Quarter 2020 Results
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DuPont (DD) Tops Q1 EPS by 9c, Revenues Beat
May 5, 2020 6:02 AM EDTDuPont (NYSE: DD) reported Q1 EPS of $0.84, $0.09 better than the analyst estimate of $0.75. Revenue for the quarter came in at $5.2 billion versus the consensus estimate of $5.07 billion.
1Q20 GAAP EPS from continuing operations of $(0.83); adjusted EPS of $0.841Q20 GAAP Income (Loss) from continuing operations of $(610) million and Operating EBITDA of $1.3 billion1Q20 Net Sales of $5.2 billion, down 4 percent; organic sales down 2 percentFurther strengthened liquidity with $1.0 billion revolving credit facilityIssued $2.0 billion bond to refinance debt maturities due in November 2020; replaces the $2.0 billion 364-day delayed-draw facilityContinues to advance... More