Previous close | 0.4000 |
Open | 0.4000 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 60.00 |
Expiry date | 2024-07-19 |
Day's range | 0.4000 - 0.4000 |
Contract range | N/A |
Volume | |
Open interest | 270 |
Comprehensive Analysis of DuPont's First Quarter Financial Performance
Wednesday, DuPont reported first-quarter adjusted earnings per share of 79 cents from sales of $2.9 billion. Wall Street was looking for 65 cents from sales of $2.8 billion.
"Channel inventory destocking within our industrial-based businesses has bottomed and assumed recovery timing is on track with our previous expectations," DuPont chief executive officer Ed Breen said. DuPont raised its adjusted earnings per share between $3.45 and $3.75 from $3.25 to $3.65 it had previously forecast. "Year over year sales and earnings growth assumed in the second half of 2024 is expected to be driven by further electronics market recovery and a return to volume growth in its water and protections unit," said Lori Koch, chief financial officer of DuPont.