WILMINGTON, Del. (AP) – DuPont Co. (DD) on Tuesday reported second-quarter earnings of $1.02 billion.
On a per-share basis, the Wilmington, Delaware-based company said it had net income of $1.16. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to $1.24 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.
The chemical company posted revenue of $7.06 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $7.05 billion.
DuPont expects full-year earnings in the range of $3.15 to $3.20 per share.