) has extended its contract with
), under which the latter will provide contracted construction
and maintenance services at DuPont's Tedlar production facility
in Circleville, Ohio.
KBR will provide the services at the Circleville facility
under an existing contract with DuPont Electronics &
Communications. As per this agreement, KBR offers Construction
Management, Engineering design and other related services for
DuPont. The renewal of the contract includes an expansion of
KBR's services from 17 sites to 26 DuPont sites across the
northeast U.S. and gulf coast regions.
KBR is a global engineering, construction and services company
and supports the energy, hydrocarbon, power, industrial, civil
infrastructure, minerals, government services and commercial
markets. DuPont, a prominent player in the chemical industry
The Dow Chemical Company
), is committed to constantly explore and innovate science
powered solutions in the domains of energy, agriculture,
infrastructure, safety and sustainability, and food and
DuPont released its second quarter results on Jul 23. The
company posted adjusted earnings from continuing operations of
$1.28 per share for the quarter, beating the Zacks Consensus
Estimate by a penny. The adjusted earnings exclude one-time items
including charges associated with customer claims related to the
use of an herbicide.
Including one-time items, DuPont logged earnings from continuing
operation of $1.10 per share in the quarter compared with $1.15
per share earned in the prior-year quarter. Consolidated net
income, as reported, fell 12% year over year to $1.03 billion or
$1.11 a share.
Net sales for the second quarter edged down 1% year over year to
$9,844 million, as higher sales volumes was more than offset by
lower selling prices and unfavorable currency impact. Sales
missed the Zacks Consensus Estimate of $10,011 million.
DuPont carries a Zacks Rank #3 (Hold).
Another company in the chemical industry with favorable Zacks
Eastman Chemical Co.
) which retains a Zacks Rank #2 (Buy).
DU PONT (EI) DE (DD): Free Stock Analysis
DOW CHEMICAL (DOW): Free Stock Analysis
EASTMAN CHEM CO (EMN): Free Stock Analysis
KBR INC (KBR): Free Stock Analysis Report
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