DuPont sees quarterly profit above expectations on coronavirus-led demand

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DuPont sees quarterly profit above expectations on coronavirus-led demand GlobeBusiness

DuPont said it expects first-quarter adjusted earnings per share between 82 cents and 84 cents on net sales of about $5.2 billion.

Analysts on average had estimated profit of 68 cents per share on revenue of $5.01 billion, according to Refinitiv Eikon data. Dupont said in March it expected full-year adjusted earnings of $3.70 per share to $3.90 per share on sales of $21.3 billion to $21.8 billion. Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter.

 

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