DuPont Lifts Full-Year Outlook After Price Hikes Offset War Costs
DuPont raised its full-year outlook after posting adjusted earnings per share of $0.55, beating analyst estimates. The chemical company attributed the improved performance to price increases that offset cost spikes driven by the Iran war. Organic growth is now expected to come about 1% from pricing actions.
Key facts
- DuPont posted adjusted EPS of $0.55, topping estimates.
- The company lifted its full-year outlook.
- Price increases offset war-driven cost spikes.
- About 1% of organic growth is expected from pricing actions.
- The cost spikes are linked to the Iran war.
Entities
Institutions
- DuPont
Sources
- Quartz —