DuPont (DD) shares jumped Tuesday as the chemicals and materials firm posted better-than-expected profit and solid guidance on rising sales of its electronics products.

The company reported fourth-quarter adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $1.13, while analystsဣ surveyed by Visible Alpha were looking for $0.98. Revenue was up nearly 7% year-over-year to $3.09 billion, slightly above forecasts. 

DuPont credited the revenue increase to an 8% growth in volumes, driven higher by "continued strong demand in electronics end-markets, a return to year-over-year growth in medical packaging and biopharma within healthcare markets, and further acceleration in water markets."

Organic Sales Surge at🙈 Electronics & Industrial Unit

澳洲幸运5开奖号码历史查询:Organic sales were higher by 10% at its Electronics & Industrial g𝐆roup, and 6% at the Water & Protection division. They fell 7% at the retained businesses reported under Corporate & Other.  

DuPont announced last May it planned to spin off both the Electronics and Water units, but last month said that after it had "evaluated all strategic alternatives," it decided to hold on to the Water segment. The Electronics spinoff is planned for Nov. 1. CEO Lori Koch explained that the company remains "excited for and confident in DuPont's value creation opportunities following the Electronics ꦰseparation, centered around the high growth businesses of Water and Healthcare, along with other market-leading industrial product lines." 

DuPont sees current-quarter adjusted EPS of $0.95, and full-year adjusted EPS between $4.30 and $4.40. The Visible Alpha estimate for the first quarter was $0.93, and $4.34 for 202ꦆ5.

Shares of DuPont rose nearly 5% soon after markets opened and have gained about 18% in the last year.