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Updated Feb. 8, 2022 10:11 am ET / Original Feb. 8, 2022 6:48 am ET
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Materials giant DuPont beat Wall Street’s fourth-quarter earnings estimates and raised its quarterly dividend. But its outlook for 2022 earnings fell short of projections as supply-chain woes and inflation keep weighing on results.
Still, results were good enough to give the stock a boost. Shares had dropped three consecutive days coming into the fourth-quarter earnings report.