DuPont sees Q3 adjusted EPS 84c, consensus 93c

Sees Q3 revenue $3.15B, consensus $3.18B. “In addition to driving solid execution, we continue to advance our strategic priorities,” Breen continued. “Yesterday we announced completion of the acquisition of Spectrum which aligns with our strategy of delivering innovative solutions to attractive end-markets with long-term secular growth trends. The business combination adds to our existing medical-related offerings and increases our revenue to high-growth healthcare markets to approximately 10 percent of our portfolio. Additionally, we are nearing completion of the $3.25 billion accelerated share repurchase transaction launched last November and we intend to complete our remaining share repurchase authorization through a new $2 billion ASR executed shortly thereafter.”