DuPont forecasts upbeat Q3 results on robust electronics, healthcare demand
DuPont forecasts strong Q3 results, expecting adjusted profit of $1.15 per share and revenue of $3.32 billion, both above Wall Street estimates. The company attributes this growth to robust demand in electronics and healthcare, driven by the rise of AI technology. DuPont's CEO noted a projected 3% organic growth year-over-year, despite ongoing weakness in construction markets. Additionally, the full-year adjusted earnings forecast has been raised to about $4.40 per share. DuPont also anticipates a reduced tariff-related impact in the second half of 2025.
Aug 5 (Reuters) - Industrial materials maker DuPont (DD.N) on Tuesday forecast current-quarter revenue and profit above Wall Street estimates, after strong electronics and healthcare demand helped it beat second-quarter profit.
Demand for semiconductors has been rapidly increasing due to the proliferation of artificial intelligence-based technology, benefiting companies such as DuPont, which supports advanced chip manufacturing, packaging and assembly processes.
For the third quarter, DuPont expects adjusted profit of $1.15 per share, which is slightly above expectations of $1.14, according to data compiled by LSEG.
The company forecast revenue of about $3.32 billion, also above analysts’ average estimate of $3.30 billion.
“Our third-quarter guidance assumes about 3% organic growth year-over-year with continued strength expected in healthcare, water and electronics end-markets, partially muted by continued weakness in construction end-markets,” DuPont CEO Antonella Franzen said.
The Wilmington, Delaware-based company now expects full-year adjusted earnings of about $4.40 per share, compared with its previous forecast of $4.30 to $4.40 forecast.
The company projected a $20 million tariff-related hit, or $0.04 per share, in the second half of 2025.
The estimate is down from $60 million, or $0.10 per share, anticipated in the prior quarter, as companies continue to navigate fallout from U.S. President Donald Trump’s sweeping trade policies.
On an adjusted basis, DuPont posted a profit of $1.12 per share for the three months ended June 30, compared with analysts’ estimates of $1.06.
