DuPont Lifts 2026 Profit Outlook After Q2 Earnings Beat on Price Hikes
DD sits 58% above its 52-week low of $86.552.
Summary
DuPont reported a climb in its Q2 bottom line, with adjusted EPS of $1.88, surpassing the $1.76 consensus. The company's Q2 net sales reached $1.82 billion, exceeding the IBES estimate of $1.81 billion. This strong performance led DuPont to raise its 2026 adjusted core profit forecast to $1.75 billion-$1.77 billion and its adjusted EPS to $7.17-$7.32. Price hikes and cost cuts were instrumental in offsetting weak demand, while mid-single-digit organic sales growth was driven by healthcare, water, and aerospace end-markets. The company also narrowed its net sales outlook to $7.16 billion-$7.19 billion, attributing this adjustment to lower currency benefits. These results follow a completed 1-for-3 reverse split in June and a $275 million accelerated share repurchase announced in May, signaling effective margin management despite a challenging macro environment.
At the time of this announcement, DD was trading at $136.37 on NYSE in the Manufacturing sector, with a market capitalization of approximately $19.1B. The 52-week trading range was $86.55 to $157.98. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.