Earnings Preview: E.I. du Pont de Nemours & Company's EPS, Revenue Expected to Rise
E.I. du Pont de Nemours & Company (NYSE: DD) releases its next round of earnings this Tuesday, October 25, 2011. Here's Benzinga's advanced look at E.I. du Pont de Nemours & Company's third quarter earnings report.
Earnings and Revenue:
Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of 56 cents/share and revenues of $8.68 billion. E.I. du Pont de Nemours & Company's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 40 cents/share on revenues of $7 billion. We'll have to wait for Tuesday to see if E.I. du Pont de Nemours & Company falls in line with analyst expectations and reports an estimated increase in both EPS and revenue from the year-ago quarter.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Shares of E.I. du Pont de Nemours & Company were trading at $43.80 as of October 19, 2011. Shares are down 10% year to date. For a full 12 months, the return has declined by 3.6%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
- Long-term shareholders are already wary of 12-month losses prior to the announcement
Average Stock Rating:
The average rating by analysts for E.I. du Pont de Nemours & Company is a Moderate Buy. The strength of this rating has declined slightly over the past three months.
Want to check out the performance of E.I. du Pont de Nemours & Company closest competitors? Take a look at some of the company's peers in the materials sector.
- Ashland (NYSE: ASH): Moderate Buy with a $0.92 recent quarter EPS
- Dow Chemical Company (NYSE: DOW): Hold with a $0.85 recent quarter EPS
- FMC (NYSE: FMC): Moderate Buy with a $1.53 recent quarter EPS
- Honeywell International (NYSE: HON): Moderate Buy with a $1.00 recent quarter EPS
The chemicals-diversified company's industry has seen price/earnings growth of 1.1% during the current fiscal year.
Finally, a description of the company's main areas of operation: E.I. du Pont de Nemours & Company offers products and services for markets including agriculture and food, building and construction, electronics and communications, general industrial, and transportation.
There is your peek into E.I. du Pont de Nemours & Company's upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap. In the meantime, here are some links to explore today.