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DuPont (DD) Has Broken Out To A New High Following Q2 Report

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DuPont (DD: Quote) reported second quarter operating EPS of $1.28 Tuesday morning, up from $1.50 a year ago. The consensus estimate was for EPS of $1.27. For the full year 2013, the company continues to expect operating earnings to be about $3.85 per share. Analysts project EPS of $3.80.

The company also said it is exploring strategic alternatives for its Performance Chemicals segment.

DuPont gapped open sharply higher Tuesday and is now up 2.38 at $59.55. The stock has leaped to a new high for the year.

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by RTT Staff Writer

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