Previous close | 21.50 |
Open | 21.50 |
Bid | 18.00 |
Ask | 20.00 |
Strike | 55.00 |
Expiry date | 2024-06-21 |
Day's range | 21.50 - 21.50 |
Contract range | N/A |
Volume | |
Open interest | 16 |
"Channel inventory destocking within our industrial-based businesses has bottomed and assumed recovery timing is on track with our previous expectations," DuPont chief executive officer Ed Breen said. DuPont raised its adjusted earnings per share between $3.45 and $3.75 from $3.25 to $3.65 it had previously forecast. "Year over year sales and earnings growth assumed in the second half of 2024 is expected to be driven by further electronics market recovery and a return to volume growth in its water and protections unit," said Lori Koch, chief financial officer of DuPont.
Industrial materials maker DuPont de Nemours beat Wall Street estimates for first-quarter profit and raised its full-year forecasts on Wednesday, as it benefited from higher sales in its electronics and semiconductors segment. "Channel inventory destocking within our industrial-based businesses has bottomed and assumed recovery timing is on track with our previous expectations," DuPont chief executive officer Ed Breen said. DuPont raised its adjusted earnings per share between $3.45 and $3.75 from $3.25 to $3.65 it had previously forecast.
Industrial materials maker DuPont de Nemours beat Wall Street estimates for first-quarter profit on Wednesday, as it benefited from higher sales in its electronics and semiconductors segment. Chemicals companies had resorted to cost cuts and destocking last year due to low demand in key markets. The United States reported an increase in output in February and March, while China and South Korea also saw some recovery even as factory activity in many Asian economies weakened in March.