IHS Chemical Week

People & Business :: Earnings/Finance

DuPont Net Income Falls 3% but Beats Estimates

7:49 PM MDT | July 24, 2012 | Robert Westervelt

DuPont reported second-quarter net income of $1.18 billion, down 3% from the year-ago quarter. Excluding one-time items, net income attributable to DuPont was $1.39 billion, up 7% from the prior year. DuPont expects full-year earnings to be toward the lower end of its existing range of $4.20-$4.40/share excluding significant items, citing “uncertainties associated with the [macroeconomic environment] and currency as well as a higher tax rate related to earnings mix."...

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