WILMINGTON, Delaware (
, the chemicals giant, said Thursday second-quarter earnings topped analysts' estimates and it raised its 2011 outlook.
DuPont earned $1.37 a share, excluding items, in the second quarter, up from year-earlier earnings of $1.17 a share.
Sales rose 19% to $10.26 billion.
Analysts surveyed by Thomson Reuters expected the company, a component of the
Dow Jones Industrial Average
, to earn $1.34 a share on second-quarter revenue of $9.86 billion.
Net income in the second quarter was $1.22 billion, or $1.29 a share.
DuPont raised its outlook for 2011 earnings to a range $3.90 to $4.05 a share, excluding items. The company said the increase "reflects strong second-quarter results, the expectation for continued global economic growth and about $.05 per share full-year impact from
on an underlying basis. "
The company previously expected 2011 earnings of $3.65 to $3.85 a share, excluding the impact of Danisco, which DuPont acquired earlier this year.
-- Written by Joseph Woelfel
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