As the chemical-industry representative in the Dow Jones Industrial Average (Dow Jones Indices:.DJI), E I Du Pont De Nemours And Co (NYSE:DD) makes a wide variety of products for businesses including agriculture, electronics, plastics, and pharmaceuticals. But given the overall global economic weakness, can the company keep producing the results investors want to see? Let’s take an early look at what’s been happening with E I Du Pont De Nemours And Co (NYSE:DD) over the past quarter and what we’re likely to see in its quarterly report.
Stats on DuPont
Analyst EPS Estimate | $1.52 |
Change From Year-Ago EPS | 0.7% |
Revenue Estimate | $10.41 billion |
Change From Year-Ago Revenue | (7.3%) |
Earnings Beats in Past 4 Quarters | 1 |
Source: Yahoo! Finance.
Will DuPont ramp up earnings this quarter?
Analysts have had mixed feelings about E I Du Pont De Nemours And Co (NYSE:DD)’s earnings in recent months. They’ve cut their consensus estimates on earnings for the just-ended quarter by $0.04 per share, but they’ve boosted their full-year 2013 earnings-per-share figures by a nickel. The stock has responded with modest optimism, rising about 7% since mid-January.
DuPont has increasingly focused on the lucrative agriculture and farm products arena. With a variety of engineered seeds, fertilizers, and herbicides, E I Du Pont De Nemours And Co (NYSE:DD) has pushed forward in developing technology to help protect crops from threats like disease and changing weather conditions, such as last year’s drought. The company has seen strong growth in the ag segment, and it expects double-digit sales growth in agriculture through 2013.