DuPont beats estimates on higher volumes, Dow merger remains on track

摘要

DuPont today reported second-quarter net income down 15 year on year (YOY) to $869 million, on sales up 5, to $7.4 billion. Operating earnings totaled $1.38/share, beating analysts’ consen- sus estimate of $1.29/share, as reported by Thomson Reuters (New York). Operating earnings excluded some charges related to the merger with Dow Chemical and restructuring costs. Volumes grew by 6 YOY, while prices declined by 1. Volumes were up in all of the company’s reporting segments.