Report
Jeffrey Stafford
EUR 147.86 For Business Accounts Only

DuPont's Cost-Savings Program Drives Profits Higher; Maintaining Our $65 Fair Value

DuPont put up solid third-quarter results given the pressures on some of its main businesses, particularly agriculture. Companywide sales crept up 1% year over year fueled by a 3% improvement in volume. Prices retreated 2%, partly due to passthrough of lower raw material costs. The firm's cost-saving initiatives seem to be bearing fruit, with a 40% year-over-year gain in total segment operating earnings.
Segment-level highlights include gains in performance materials and nutrition and health. Pe...
Underlying
E. I. du Pont de Nemours and Company

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Jeffrey Stafford

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