DuPont (DD) Tops Q1 EPS by 4c; Offers FY23 Guidance

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Go back to DuPont (DD) Tops Q1 EPS by 4c; Offers FY23 Guidance

DuPont spurned on Wall Street following disappointing guidance, expensive acquisition

May 2, 2023 10:47 AM EDT

DuPont shares declined Tuesday morning after it reported first quarter results, along with guidance for the full year. The lackluster report sent shares lower by over 8%, making today one of the worst days for the companys stock this year.

Concerns surrounding DuPont focused mainly on its worse than expected outlook, with both revenue and EPS guidance falling short of... More