DuPont Reaffirms First-Quarter and Full-Year Outlook

DuPont has reaffirmed its outlook for 2008 of $3.35-$3.55/share, up 4%-10% over 2007 earnings per share. The company also reaffirmed its outlook for the first quarter of $1.12-$1.17/share, which compares to earnings from the year-ago quarter of $1.07/share excluding significant charges. DuPont says that its ag and nutrition segment is on track to deliver double-digit earnings growth by increasing the company's corn trait penetration to 90%, from 75% in 2007, and significantly increasing its offering of triple stacked corn products. The company also plans to...

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