DuPont reports 4Q and full year 2013 operating EPS of $0.59 and $3.88; 4Q segment operating earnings grow 52% on higher volume, improved operating margins

摘要

DuPont announced 4Q 2013 operating earnings of $0.59/share compared to $0.20/share in the prior year. GAAP earnings from continuing operations were $183 M or $.19/share, versus $4 M or zero/share last year. The company expects full-year 2014 operating earnings of $4.20-4.45/share, up 8-15% versus 2013. DuPont separately announced that its Board of Directors authorised a new $5 billion share repurchase program, with $2 billion expected to occur in 2014. In 4Q 2013, company sales increased 6% to $7.7 billion, with 9% volume growth reflecting increased demand across all segments and regions.