Revenue Update on E I Du Pont De Nemours And Co(NYSE:DD)

E I Du Pont De Nemours And Co(NYSE:DD) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 26, 2016. Company reported revenue of $7.06B. Analysts estimated a revenue of $7.01B. Earnings per share were $1.24. Analysts had estimated an EPS of $1.10.

In a different note, On Jun 28, 2016, JP Morgan said it Downgrades its rating on E I Du Pont De Nemours And Co. The shares have been rated ‘Neutral’ by the firm.

E I Du Pont De Nemours And Co (DD) shares turned negative on Fridays trading session with the shares closing down -0.07 points or -0.10% at a volume of 21,99,967. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $69.6. The peak price level was also seen at $69.6 while the days lowest was $68.96. Finally the shares closed at $69.17. The 52-week high of the shares is $75.72 while the 52-week low is $47.11. According to the latest information available, the market cap of the company is $60,477 M.

Several Insider Transactions has been reported to the SEC. On Mar 10, 2016, Christopher Marc Doyle (Executive Vice President) sold 1,325 shares at $63.00 per share price.Also, On Jun 16, 2015, Lee M Thomas (director) purchased 1,245 shares at $77.88 per share price.On May 20, 2015, Lois D Juliber (director) purchased 1,000 shares at $70.13 per share price, according to the Form-4 filing with the securities and exchange commission.

E. I. du Pont de Nemours and Company (DuPont) is a science and technology-based company. The Company’s subsidiaries and affiliates conduct manufacturing seed production or selling activities and distribute products manufactured by the Company. The Company’s segments include Agriculture Electronics & Communications Industrial Biosciences Nutrition & Health Performance Materials and Safety & Protection. The Company’s other business operations include various embryonic businesses such as pre-commercial programs and non-aligned businesses. DuPont conducts research and development (R&D) programs across multiple fields including biology chemistry engineering and materials science. The Company’s brands include Pioneer DuPont Teflon Capstone Opteon yf Isceon Suva Vazo Vertrel Virkon Viton Zyron and Bynel coextrudable adhesive resins Elvax EVA resins DuPont Kevlar Nomex and Tyvek.

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