Jim Cramer: DuPont’s CEO Is Killing it!

DuPont's (DD) - Get Report second quarter earnings were impressive and the company's CEO Ed Breen is doing a phenomenal job, says TheStreet's (TST) - Get Report Jim Cramer. The chemical giant reported earnigns of $1.24 a share on revenue of $7.1 billion, thoroughly beating analysts' forecasts of $1.10 a share on $7.01 billion in sales. The company also lifted the low end of its full-year forecast for operating earnings per share by $0.10 to $3.15 a share, keeping the high end at $3.20. Breen said in a statement said that DuPont benefited from lower input costs and was also able to achieve $160 million in cost savings during the quarter, keeping DuPont on track to reach $1 billion worth of savings on a run-rate basis by year's end.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.