DuPont revises outlook on poor performance chemicals, agriculture performance
Published: Monday, 30 June 2014
Though the company saw its Q1 operating earnings fall owing to lower prices in performance chemicals, DuPont anticipated a demand resurgence in the second quarter. This now seems less likely as it has now revised its Q2 and full year 2014 guidance.
DuPont has revised its outlook for operating earnings for
2014 owing to lower than expected quarterly sales for its
agriculture and performance chemicals segments.
Operating earnings for the second quarter 2014 are expected
to be moderately lower than the $1.28/share for the
corresponding period in 2013. DuPont also lowered its...