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Thursday, January 31, 2019

=DowDuPont (DWDP) reported earnings on Thur 31 Jan 2019 (b/o)

DowDuPont beats by $0.01, misses on revs
  • Reports Q4 (Dec) earnings of $0.88 per share, excluding non-recurring items, $0.01 better than the S&P Capital IQ Consensus of $0.87; revenues rose 0.2% year/year to $20.1 bln vs the $20.93 bln S&P Capital IQ Consensus.
  • Outlook/Commentary from Co
    • "We expect global economic expansion to continue in 2019 at a moderately slower pace than 2018," said Howard Ungerleider, chief financial officer of DowDuPont. "We continue to closely monitor macroeconomic and geopolitical developments, including ongoing trade negotiations and the pace of economic activity in China. In this environment, we remain focused on the actions in our control, including capitalizing on our growth investments, capturing cost synergy savings, delivering productivity actions and advancing our spin milestones." 

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