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DuPont Raises 1Q Earnings Estimate, Sheds Light on Burgeoning AgBoom Stocks
By Mike Caggeso
Money Morning
E.I. du Pont de Nemours & Co. (DD) – commonly known as DuPont – raised its first-quarter earnings by 20%, highlighting the investor-friendly team of Agriculture Boom companies that are capitalizing on the demand for raw commodities.
The Wilmington, Del. conglomerate raised its earnings estimate to $1.29 per share, up from its March 14 outlook of $1.14 to $1.19.
The company – a component of the 30-stock Dow Jones Industrial Average – also raised the lower range of its full-year 2008 earnings estimate by five cents to $3.40 to $3.55…
11Apr2008 | Money Morning | Comments Off | Continued
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