DuPont expects costs to balloon in 2022

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DuPont (DD) Reports Earnings, Revenue Beat

August 2, 2022 1:23 PM EDT

DuPont (NYSE: DD) reported second-quarter earnings Tuesday, topping analyst consensus estimates.

The company posted second-quarter earnings of $0.88, $0.13 better than the analyst estimate of $0.75 on revenue of $3.3 billion versus the consensus estimate of $3.26 billion. Sales rose 7% year-over-year, with earnings rising 11% compared to last year.

DuPont said organic sales growth of 9% consisted of an 8% increase in price and a 1% increase in volume, with the price increases taken... More