DuPont Earnings Drop, but Raises Outlook

DuPont (DD) reported third-quarter earnings of 40 cents per share, down from 45 cents per share a year earlier.

Sales grew 17% from a year earlier to $7 billion, the company said in a statement. Sales grew 22% in emerging markets.

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The company saw a decline of 13 cents per share in pharmaceuticals income related to patent expirations.

“I am proud of our business teams’ performance…

DuPont Earnings Drop, but Raises Outlook originally appeared on DailyFinance on Tue, 26 Oct 2010 06:40:00.