DuPont reports Q4 earnings decline on slack demand, growth spending

But the results reported Tuesday still beat the consensus estimate of Wall Street analysts of 7 U.S. cents per share on revenue of US$7.2 billion, according to FactSet. And the company forecast higher operating earnings for 2013.

DuPont's shares rose 83 cents, or 1.8 percent, to close at US$47.82 Tuesday. They are still down 11 percent from their high for the past year of US$53.98 set last May.

DuPont Chairwoman and CEO Ellen Kullman said the company is stronger than it was a year ago, having recorded nearly 2,300 new product introductions in 2012, an increase of 30 percent.

SHARE CLOSE
Blogger		Google+
Live Journal		Plurk
Stumble Upon

Tweet

	PREVIOUS ARTICLE
	Verizon posts record fourth-quarter loss due to pension fund adjustments

NEXT ARTICLE
Barclays launches staff consultations on job cuts at UK investment bank

Write a Comment

Terms

Enter your comments - 3000 characters max

Type in image code

 Receive China Post promos
 Respond to this email

Submit