DuPont Expects Profit to Beat Estimates
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Reuters
DuPont Co. said second-quarter earnings would surpass analyst estimates, signaling a rebound in sales for a company that had been hurt by the economic slowdown.
DuPont, based in Wilmington, Del., now expects to earn 64 cents to 67 cents a share in the second quarter, compared with its previous estimate of 55 cents and well above the 41 cents it earned in the period a year ago. Analysts on average had forecast earnings of 56 cents a share.
Shares of DuPont rose 13 cents to $43.24 on the NYSE.
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