DuPont Earnings Decline, Revenues Rise in Q3
Wilmington, DE, Oct. 26, 2010 -- Chemical maker DuPont reported third quarter net earnings of $367 million, or $0.40 per share, down 10% from $409 million, or $0.45 per share a year ago.
Still, the performance topped the forecasts of analysts, who expected 34 cents per share. These estimates usually remove one-time items.
Revenue rose 15% to $7.07 billion from $6.16 billion, helped by higher volumes and better sales in emerging markets.
Revenue rose across all divisions.
In September, executive vice president Jeffrey L. Keefer told analysts the company is positioned for global growth, with 60% of revenue coming from outside the U.S.