DuPont Stock Outperforms Market on Strong Q2 Earnings
DuPont's shares surged over 2% on Tuesday, defying the S&P 500's 0.5% decline, after reporting better-than-expected Q2 results. Revenue climbed 3% year-over-year to $3.26 billion, narrowly surpassing analyst estimates of $3.24 billion.
The chemical giant saw particular strength in its electronics segment, with sales rising 6%. Geographically, Asia Pacific led growth at 4%, followed by EMEA and North America. Adjusted net income jumped nearly 15% to $468 million ($1.12 per share), comfortably beating the $1.06 consensus forecast.
CEO Lori Koch highlighted ongoing momentum in electronics, healthcare and water markets, coupled with operational execution, as key drivers. The earnings beat and raised guidance demonstrate DuPont's ability to navigate challenging market conditions while delivering shareholder value.