Updates
** Shares of chemicals and industrial solutions maker DuPont DD.N rise 1.4% to $66.99
** Company beats Q1 profit and revenue estimates on higher sales in the unit that caters to the electronics industry
** DD posts adjusted profit of $1.03/shr in Q1 vs estimate of 95 cents/shr - data compiled by LSEG
** Company posts total sales of $3.07 billion, also beating expectations of $3.04 billion
** However, DD expects a tariff-related net cost impact of roughly $60 million, or 10 cents per share in second half of 2025 and says it is working on mitigation actions
** Reaffirms FY 2025 adjusted profit forecast of $4.30 to $4.40 per share, excluding the potential tariff impact
** DD remains the cheapest stock in a sector hit recently from many macro angles, including tariffs, suggesting a materially low bar, though an effective cut probably means the stock is more mixed today - J.P.Morgan
** Including session's moves, DD down 12.1% YTD
(Reporting by Sumit Saha in Bengaluru)
((Sumit.Saha@thomsonreuters.com;))
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