DuPont (DD) Earnings Top Forecasts
DuPont posted Q4 earnings which slightly beat Wall St. estimates. Its global revenue footprint and diversity of products make it something of a proxy for the broader economy. The company disclosed Fourth quarter 2011 earnings were $.35 per share, excluding…
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DuPont posted Q4 earnings which slightly beat Wall St. estimates. Its global revenue footprint and diversity of products make it something of a proxy for the broader economy.
The company disclosed
Fourth quarter 2011 earnings were $.35 per share, excluding significant items, reflecting a $.23 per share year-over-year headwind from a higher tax rate. Prior year earnings were $.50 per share, excluding significant items. Reported fourth quarter 2011 earnings were $.40 per share, unchanged from the prior year. Sales grew 14 percent to $8.4 billion, principally from 14 percent higher local prices.
And
For 2012, DuPont reaffirmed its earnings outlook range of $4.20 to $4.40 per share, which represents 7 to 12 percent growth versus 2011, excluding significant items.
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