DowDuPont Sees Revenue Beat despite Agriculture Segment’s Slump
DowDuPont (DWDP) reported 1Q18 revenues of $21.5 billion, an increase of 13.1% over its pro forma revenues of $20.5 billion in 1Q17. Analysts expected DWDP to report revenues of ~$21.4 billion. The company’s revenues are reported on a continuing operations basis. Dow Chemical and DuPont made several significant divestitures to facilitate the merger.