NEW YORK (TheStreet) -- DuPont (DD) - Get DuPont de Nemours, Inc. Report stock closed up by 0.89% to $53.46 in Tuesday's trading session, following the release of the company's 2015 fourth quarter financial results, which came out before the market open.
The chemical company posted adjusted earnings of 27 cents per share, down from 57 cents per share for the year-ago period.
Revenue declined year-over year, to $5.30 billion from $5.85 billion as the dollar strengthened.
DuPont had been forecast to report earnings of 26 cents per share on revenue of $5.53 billion for the most recent quarter.
The company now plans to cut $730 million in expenses this year to increase profits and hasten its merger with Dow Chemical (DOW), up from an estimated $700 million in cost cuts announced in December.
DuPont has forecast for fiscal 2016 full-year earnings ranging between $2.95 and $3.10 per share, including an anticipated cost savings benefit of 64 cents per share.
Analysts surveyed by Thomson Reuters have estimated for earnings of $1.31 per share for the year, according to the Wall Street Journal.
Separately, TheStreet Ratings team rates the stock as a "buy" with a ratings score of B-.
DuPont's strengths such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins outweigh the fact that the company has had sub par growth in net income.
You can view the full analysis from the report here: DD
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.