The industrial materials maker has been streamlining its portfolio and focusing on higher-growth end markets such as semiconductors, healthcare, water technologies and aerospace, while returning cash to shareholders through share repurchases and divestitures.
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It spun off its electronics business, which includes semiconductor technologies and interconnect solutions, into independent public company Qnity Electronics last year.
DuPont had also increased prices to offset higher feedstock and energy costs, improved productivity and reduced debt to support earnings at a time when the global chemicals industry was grappling with weak demand in key end markets.
The company raised its 2026 adjusted core profit outlook to nearly $1.79 billion, from its previous forecast range of $1.75 billion-$1.77 billion.
It now expects annual adjusted earnings of $7.47-$7.52 per share, compared with $7.17-$7.32 per share previously.
CFO Antonella Franzen said DuPont expected full-year results to come in at or above the high end of its prior guidance.
It concluded a $250 million accelerated share repurchase program and substantially completed $100 million of open-market share repurchases during the third quarter,…