DuPont lifts annual outlook after beating Q1 estimates
DuPont raised its annual profit forecast after beating quarterly estimates as price hikes offset higher costs. Shares rose over 7% following the announcement.
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DUPONT DE NEMOURS INC raised its 2026 adjusted EPS forecast to a $2.40 maximum after price hikes offset war-related costs. Shares rose 7.4% to $48.77 on Tuesday morning, the highest level for the stock since March. Investors are weighing how effectively the industrial giant can pass $90 million in incremental geopolitical costs to customers.
