IHS Chemical Week

DuPont maintains 2012 forecast, growth next year to be diluted by TiO2...

11:04 AM MST | December 12, 2012

DuPont said late Tuesday that it expects full-year 2012 earnings from continuing operations to be at the high end of previous guidance of $3.25 -$3.30/share. The company forecast “2013 earnings to grow low- to mid-single digits with sales growing in the low-single digits.” Analysts were expecting DuPont to post 2013 earnings to growth of 13%, to $3.70/share, according to Thomson Reuters. DuPont also announced that its board has authorized a repurchase program for $1 billion of the company's common stock, or roughly 2.4% of outstanding shares based on its 11...

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