DuPont Sees Q2 Below Street; Cuts FY14 Operating EPS Outlook - Quick Facts

(RTTNews) - DuPont (DD) announced that it is revising its outlook for operating earnings per share for the second quarter and full year 2014, due primarily to lower than expected quarterly performance of its Agriculture and, to a lesser extent, Performance Chemicals segments.

The company expects second-quarter operating earnings to be moderately below the $1.28 per share recorded in the same period last year. Analysts currently expect second quarter earnings of $1.46 per share.

As a result, the company is lowering its full-year operating earnings to $4.00 to $4.10 per share from its prior range of $4.20-$4.45 per share. Analysts now expect full year earnings of $4.30 per share.