Dupont Shares Losing Ground In Friday's Session On Lower Outlook

TheStreetJune 27, 2014

Dupont (DD) is trading lower in Friday's session after citing worse-than-expected performance in its agriculture arm and also its performance chemicals line. The company expects its operating earnings in Q2 to be just just below the $1.28 per share it saw in Q2 of 2013. DuPont's full-year outlook for operating earnings are now expected to be between $4.00 and $4.10 per share, compared to analysts' estimates of $4.20 to $4.45 a share. There is a bright side from Dupont, sales of soybeans in North America were much higher than expectations. TheStreet's Susannah Lee has more from Wall Street.