DuPont posts second-quarter profit drop of 61 percent
July 21, 2009
WILMINGTON, DE — The DuPont Company recently announced a fiscal second-quarter profit loss of 61 percent, according to the Wall Street Journal.
Total quarterly revenue fell 24 percent to $7.09 billion, the story stated.
Profit for the quarter was $417 million, the story noted.
The company is forecasting earnings upwards of $2.10 a share for the entire fiscal year, slightly higher than analysts estimates of $1.70 a share, the story added.
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