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2mo ago

DuPont Beats Q2 Forecasts and Raises Full-Year Guidance

Tariff relief alongside strong end-market uptake underscores DuPont’s reinforced full-year outlook.

The logo for DuPont de Nemours, Inc. is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. REUTERS/Andrew Kelly/File photo
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Overview

  • DuPont reported adjusted earnings per share of $1.12 for Q2, topping the $1.06 consensus, while net sales rose 3% year-over-year to $3.26 billion.
  • The company raised its full-year adjusted EPS guidance to about $4.40 per share, up from a prior range of $4.30–$4.40.
  • It forecast Q3 adjusted profit of $1.15 per share and revenue of roughly $3.32 billion, both above analysts’ estimates.
  • DuPont trimmed its expected second-half tariff-related headwind to $20 million as trade pressures eased.
  • The planned Nov. 1, 2025 spin-off of its Qnity electronics unit remains on schedule as AI-driven semiconductor tailwinds bolster its key end-markets.