DuPont de Nemours: Q2 Earnings Snapshot

WILMINGTON, Del. (AP) — WILMINGTON, Del. (AP) — DuPont de Nemours, Inc. (DD) on Tuesday reported second-quarter profit of $59 million.

On a per-share basis, the Wilmington, Delaware-based company said it had net income of 14 cents. Earnings, adjusted for one-time gains and costs, were $1.12 per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.

The specialty chemicals maker posted revenue of $3.26 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $3.22 billion.

For the current quarter ending in September, DuPont de Nemours expects its per-share earnings to be $1.15.

The company said it expects revenue in the range of $3.32 billion for the fiscal third quarter.

DuPont de Nemours expects full-year earnings to be $4.40 per share, with revenue expected to be $12.85 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DD at https://www.zacks.com/ap/DD

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