Previous close | 18.80 |
Open | 18.80 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 60.00 |
Expiry date | 2025-06-20 |
Day's range | 18.80 - 18.80 |
Contract range | N/A |
Volume | |
Open interest | 51 |
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.