DuPont Earnings: Better Living Through Chemistry?

S&P 500 (NYSE:SPY) component E. I. du Pont de Nemours and Company (DuPont) (NYSE:DD) reported net income above Wall Street’s expectations for the first quarter. 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.

Don’t Miss: Wall St. Cheat Sheet’s newest Feature Trades of the Month!

E. I. du Pont de Nemours and Company (DuPont Earnings Cheat Sheet for the First Quarter

Results: Net income for E. I. du Pont de Nemours and Company (DuPont) rose to $1.43 billion ($1.52/share) vs. $1.13 billion ($1.24/share) YoY. A rise of 26.7% from the year earlier quarter.

Revenue: Rose 14.3% to $10.03 billion YoY.

Actual vs. Wall St. Expectations: DD beat the mean analyst estimate of $1.36/share. Estimates ranged from $1.30 per share to $1.40 per share.

Quoting Management: “Our science-powered innovation, keen focus on customers and disciplined execution contributed to delivering outstanding results, including double-digit sales increases in every segment and in every region,” said DuPont Chair and CEO Ellen Kullman. “Innovation that addresses population-driven megatrends around food, energy and protection coupled with ongoing productivity and execution will continue to differentiate DuPont.”

Key Stats:

The company has enjoyed double-digit year-over-year revenue growth for the past five quarters. Over that span, the company has averaged growth of 16.5%, with the biggest boost coming in the first quarter of the last fiscal year when revenue rose 22.7% from the year earlier quarter.

Last quarter’s profit increase breaks a streak of two consecutive quarters of year-over-year profit decreases. In the fourth quarter of the last fiscal year, net income fell 14.7% while the figure dropped three quarters ago.

Competitors to Watch: The Dow Chemical Company (NYSE:DOW), FMC Corporation (NYSE:FMC), Monsanto Company (NYSE:MON), 3M Company (NYSE:MMM), Syngenta (NYSE:SYT), PPG Industries (NYSE:PPG), PolyOne Corporation (NYSE:POL), Rockwood Holdings (NYSE:ROC) and Ashland Inc. (NYSE:ASH).

Today’s Performance: Shares of DD are trading at $55.33 as of April 21, 2011 at 12:03 PM ET, down 0.07% from the previous closing price of $55.37.

Don’t Miss Wall St. Cheat Sheet’s newest Feature Trades of the Month!