DuPont shares were on the rise Tuesday following its latest quarterly results. The chemical maker reported earnings of $1.24 a share, that was 14 cents higher than analysts’ expectations. DuPont posted revenue of $7.06 billion, also topping analysts’ forecasts. Looking ahead, the company raised its profit outlook to between $3.15 and $3.20 a share. The latest profit report comes as DuPont has been cutting costs ahead of merger with Dow Chemical . Shareholders approved the $62 billion merger last week. Once the transaction is complete, the companies plan to break up into three parts. Dow is a holding in Jim Cramer’s Action Alerts PLUS portfolio.
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