DuPont shares paused after a rally due to noise around quarterly numbers and upcoming spinoff of Qnity Electronics. Net sales rose to $3.07 billion and adjusted EPS beat estimates at $1.09. Stock fell 1% despite strong fundamentals. IndustrialCo saw 6% organic sales growth. DuPont authorized a $2 billion share repurchase program.

DuPont reported solid third-quarter results with 4% organic revenue growth in IndustrialCo and 10% in ElectronicsCo. Management introduced new KPIs and improved operational processes. CEO Lori Koch highlighted the company’s transformation into a multi-industrial entity. Full-year guidance includes sales of $6.84 billion and adjusted EPS of $1.66. Fourth-quarter sales are expected to be around $1.69 billion.

Read more at CNBC: DuPont surge to 52-week highs hits pause. But we still see upside ahead