DowDuPont Third Quarter Profits Top EstimatesOctober 27, 2017
DowDuPont, Inc. reported preliminary third-quarter profits above analysts’ estimates.
Earnings rose to 55 cents a share from 50 cents a year earlier, Bloomberg reported. Financial experts expected the company to earn 41 cents a share. Sales climbed 7.6 percent to US$18.3 billion, beating the $17.5 billion average estimate. The company credited high consumer-led demand and higher prices for its third-quarter results. The company will report final results for the quarter on November 2, 2017.
DowDuPont is a global science- and technology-based company that develops and manufactures a portfolio of chemical, plastic, and agricultural products and services. It is the result of a merger between Dow Chemical Co. and DuPont Co. For more information, visit http://www.dow-dupont.com/home/default.aspx.