DuPont (DD) 2011 Performance

DuPont (NYSE: DD) has been in business a long, long time. Starting as a gunpowder factory more than 200 years ago, DuPont is now a $42 billion company and stock component of the Dow Jones Industrial Index (^DJI). It’s current yield is 3.58% and is a Dow Dog for 2012.

DuPont (NYSE: DD) was a Dow Dog for 2011. For the year 2011, including dividends, Dupont was down -5.16%.

The company has beat earnings estimates in each of its quarterly reports this year by an average of 14%. GAAP earnings are up by 10% year over year.

In 2011, DuPont (NYSE: DD) made a $5.8 billion deal for danish food-ingredients company Danisco.

DuPont also bought silicon-ink maker “Innovalight” from a consortium of venture backers which included nanotech expert company, Harris & Harris (Nasdaq: TINY). Innovalight’s ink is used to make solar cells.

On December 9, 2011 Dupont revised its full year 2011 earnings expectations.

“DuPont today revised its 2011 full-year earnings outlook to a range of $3.87-$3.95 earnings per share (EPS), excluding significant items, which represents an 18-20 percent increase from 2010 earnings.”

“We are seeing slower growth in certain segments during the fourth quarter, driven by global economic uncertainty. This uncertainty is contributing to ongoing conservative cash management in some supply chains,” said DuPont Chair and CEO Ellen Kullman.”

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