DuPont Q4 Earnings Beat Estimates
Jan 22nd 2013 5:28PM
Updated Jan 22nd 2013 6:05PM
DuPont released Q4 and full-year results today, and for the quarter, the company netted a profit of $111 million, or $0.12 per share. Although that was down significantly from Q4 2011's $373 million and $0.40 EPS, it beat the average analyst estimate of $0.07 per share. Net sales were basically flat on a year-over-year basis at $7.3 billion, but still slightly higher than analyst expectations of $7.2 billion.
For the full year, the company reported nearly $35 billion in net sales and a bottom line of $2.8 billion. Those figures were $34 billion and $3.5 billion, respectively, in 2011.
The company's shares closed up slightly, by 2%, following the announcement of the results.
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