By Matt Grossman

 

DuPont de Nemours Inc. on Thursday issued full-year earnings guidance that anticipates a stronger profit result than analysts had been expecting.

Wilmington, Del.-based DuPont said it expects its full-year adjusted profit will be $3.17 a share to $3.21 a share, with revenue of $20.1 billion to $20.2 billion. Analysts polled by FactSet had been forecasting an adjusted profit of $3.03 a share, with revenue of $20.12 billion.

"We anticipate a fourth quarter underscored by additional cash generation and operating leverage across our core segments driven by additional cost savings," Chief Financial Officer Lori Koch said.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

October 29, 2020 06:46 ET (10:46 GMT)

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