Bellwether stock #4: DuPont (DD) - Louis Navellier

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Bellwether stock #4: DuPont (DD)
Aug 01, 2009 05:00 PM UTC

Louis Navellier

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Symbol	Sentiment	Start	Return	Closed
DD		08/01/09	-12.09%	--

Via BloggingStocks:

Filed under: Earnings reports, duPont(E.I.)deNemours (DD), Stocks to Sell

bellwether stocks dupont Excluding a 15-cent-per-share hit from restructuring charges, chemicals giant DuPont (NYSE: DD), yet another Dow component, said it would have earned 61 cents per share. That number bested consensus estimates for a 53-cent per share profit, but once again, the top-line number is cause for concern.

DuPont said its second-quarter profit dropped 61% to $417 million, or 46 cents per share, with revenue falling 24% to $7.09 billion. Analysts had expected the company to bring in $7.14 billion in revenue.

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Bellwether stock #4: DuPont (DD) originally appeared on BloggingStocks on Sat, 01 Aug 2009 12:00:00 EST. Please see our terms for use of feeds.

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