Reports Q3 revenue $3.19B, consensus $3.2B. “Our results reflect continued strong quarterly financial performance with sequential improvement across all key financial metrics,” said Lori Koch, DuPont (DD) CEO. “Our ongoing innovation investments have positioned us well for growth as key end-markets recover. We are benefiting from continued demand recovery in electronics while also seeing improvement in our water and medical packaging end-markets. In the third quarter, a return to year-over-year organic sales growth coupled with solid execution drove strong operating leverage, resulting in 150 basis points of margin expansion.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on DD:
- DD Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- DuPont, Zhen Ding Technology enter strategic cooperation agreement
- GM, Wells Fargo among stocks with high total yields, Barron’s says
- DuPont price target raised to $94 from $88 at Morgan Stanley
- DuPont announces collaboratioin with Aero Tec Laboratories
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
