DuPont Earnings: DD Stock Ticks Lower on Missed Earnings

DD net sales were down 1%

   

DuPont Earnings: DD Stock Ticks Lower on Missed Earnings

DuPont (DD) saw a slight decrease in stock price following its second quarter earnings report.

DuPontLogo e1282585884678 DuPont Earnings: DD Stock Ticks Lower on Missed EarningsDuPont posted operating earnings of $1.17 per share for the second quarter of 2014. Operating earnings for the same time last year were $1.28 per share. It also posted GAAP earnings per share of $1.15 in Q2 2014 compared to $1.10 in Q2 2013.

DuPont posted net sales of $9.7 billion in Q2 2014. This is 1% lower than the net sales of $9.8 billion reported during the second quarter of 2013.

DuPont opted to not make changes to its recently updated outlook for the full year of 2014. It’s still predicting operating earnings of $4.00 to $4.10 per share and a strong second half of the year.

DD shares were down slightly as of Tuesday afternoon.

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Article printed from InvestorPlace Media, http://investorplace.com/2014/07/dd-stock-dupont-2/.

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