DuPont raises annual profit forecasts on strong healthcare, aerospace demand
DuPont has raised its full-year profit forecasts and projected fourth-quarter earnings exceed analyst estimates. The company experienced strong demand in healthcare, aerospace, and industrial water markets during the third quarter. DuPont's healthcare and water technologies segment reported nearly 4% growth year-over-year, reaching $865 million in net sales. Additionally, the company recently concluded a $250 million share...
Key Takeaways
- DuPont has raised its full-year profit forecasts and projected fourth-quarter earnings exceed analyst estimates.
- The company experienced strong demand in healthcare, aerospace, and industrial water markets during the third quarter.
- DuPont's healthcare and water technologies segment reported nearly 4% growth year-over-year, reaching $865 million in net sales.
DuPont has raised its full-year profit forecasts and projected fourth-quarter earnings exceed analyst estimates. The company experienced strong demand in healthcare, aerospace, and industrial water markets during the third quarter. DuPont's healthcare and water technologies segment reported nearly 4% growth year-over-year, reaching $865 million in net sales. Additionally, the company recently concluded a $250 million share repurchase program and plans to buy back an additional $250 million of shares.
Original Publisher Attribution
This summary was curated from Economic Times.