Reuters logo
DuPont boosts forecast; to buy back $1 billion in shares
December 11, 2012 / 9:26 PM / 5 years ago

DuPont boosts forecast; to buy back $1 billion in shares

(Reuters) - DuPont DD.N boosted its 2012 forecast and announced a $1 billion stock buy back on Tuesday.

The chemical company now expects profit this year to be at the high end of its forecast to earn $3.25 to $3.30 per share.

Analysts expect earnings of $3.29 per share, according to Thomson Reuters I/B/E/S.

Shares of DuPont rose 2.2 percent to $44.65 in after-hours trading.

Reporting by Ernest Scheyder; Editing by Leslie Gevirtz

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below