From CNBC: 2024-05-01 14:41:08

DuPont reported better than expected first quarter results, with net sales of $2.9 billion, beating expectations and adjusted EPS of 79 cents, a big beat against estimates. The company is seeing signs of a market recovery, especially in the electronics segment, and is expected to deliver sequential improvement throughout the year. Management raised full-year outlook, with net sales expected to be $12.1 billion to $12.4 billion. Adjusted EPS outlook also raised to $3.45 to $3.75. Shares rose 7% after the announcement.



Read more at CNBC:: DuPont’s beat-and-raise quarter is a turning point for chemical maker