Dupont Up Sharply After Reporting Strong Earnings, Raising Guidance (DD)

Dupont DD is up sharply this morning after reporting results that beat Wall Street estimates and lifting its outlook. DuPont earned $1.17 per share versus estimates of of 93 cents per share. Dupont reported revenues of $8.62 billion versus estimates of $8.27 billion. Dupont lifted guidance, saying it sees a profit of $2.90 to $3.05 per share this year, up from its previous estimates of $2.50 to $2.70 per share. Analysts expected $2.64 per share. Dupont shares are up $1.86, or 4.8%, to $40.85 in pre-opening trading.