DuPont updates outlook for fourth quarter
DuPont announced today that it expects reported earnings for the fourth quarter 2002
to be between $0.31 and $0.33 per share, slightly below the company's initial outlook. The net impact of special items for the quarter is expected to be immaterial, according to the company.
However, pre-tax operating results in the second half of the quarter were lower than expected. The company expects this decline to be largely offset by a significant benefit from further reduction in the effective income tax rate for full year 2002.
DuPont will provide details on its fourth quarter and full-year 2002 results on Jan. 28, via its fourth quarter and full-year earnings news release, Web site postings, and investor conference call.
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