DuPont Tops Estimates, Raises Outlook on Sales Increase, Lower Tariff Impact
1. DuPont exceeded earnings estimates, posting $1.12 EPS on $3.26 billion revenue. 2. Company raised its full-year outlook due to lower tariff impact expectations. 3. Electronics revenue surged 6% driven by AI demand, boosting overall performance. 4. Spinoff of electronics business is scheduled for completion on November 1. 5. Despite gains, DuPont shares are still down nearly 5% for the year.