DuPont shares rise as company raises 2026 profit, sales forecasts

DuPont de Nemours

05/05/2026 14:54

Updates

** Shares of industrial materials maker DuPont DD.N rises ~7% to $48.42

** DD raises its annual forecast for adjusted profit and sales, after beating Q1 earnings estimates, driven by price hikes and gains from the sale of its Kevlar-producing Aramids business

** DuPont raises its 2026 adjusted earnings forecast to between $2.35 and $2.40 per share, from its previous range of $2.25 to $2.30

** Expects annual net sales of $7.16 billion to $7.26 billion, compared with its prior forecast of $7.08 billion to $7.14 billion

** DD posts adjusted profit of 55 cents per share for the first quarter vs analysts' estimate of 48 cents per share - data compiled by LSEG

** Including session's moves, DD up 20.5% YTD

(Reporting by Dharna Bafna in Bengaluru)

((dharna.bafna@thomsonreuters.com))