DuPont cautions on 1st-quarter results


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

NEW YORK (AP) — Chemicals maker DuPont says its first-quarter results could be hurt by extended cold weather and winter storms in North America and turmoil in Ukraine.

DuPont also says uncertain farming conditions may affect its results. The company did not quantify the effect of those factors.

FactSet says analysts expect DuPont & Co. to earn $1.68 per share in the first quarter.

For the full year, DuPont says those factors will be canceled out by greater global industrial production, lower agricultural expenses, and the execution of its business plan. The Wilmington, Del., company is still forecasting adjusted income of $4.20 to $4.45 per share.

Analysts expect $4.33 per share, on average.

Shares of DuPont rose 11 cents to $67.35 on Monday, then slipped 69 cents in after-hours trading.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast