Dupont reports qtrly net sales of $4.83 bln

Qtrly gaap loss per share from continuing operations $3.37; qtrly adjusted. earnings per share $0.70; qtrly net sales $4.83 billion versus $5.47 billion.q2 earnings per share view $0.59, revenue view $4.70 billion -- refinitiv ibes data.sees q3 adjusted eps $0.71 - $0.73.expect q3 sales to be slightly up sequentially.q3 earnings per share view $0.71, revenue view $5.02 billion -- refinitiv ibes data.electronics & imaging reported net sales of $905 million, up 5% in quarter.automotive industry slowdown due to covid-19 resulted in $2.5 billion non cash impairment charge in transportation & industrial segment in q2.nutrition & biosciences reported net sales of $1.5 billion, down 1% in quarter.transportation & industrial reported net sales of $832 million, down 34% in quarter.in q3 sees automotive & residential construction improvement also mostly offset by impact of supply constraints across tyvek enterprise versus q2.in q3 sees improvement in automotive & residential construction mostly offset by seasonal patterns in nutrition & biosciences versus q2.safety & construction reported net sales of $1.2 billion, down 7% in quarter.on organic basis, qtrly net sales were down 10%.q2 organic sales in u.s. and canada, emea, latin america each declined mid-to-high teens percent; q2 organic sales up 1% in asia pacific.demand for tyvek protective garments lead to over 60% increase in garment sales in quarter.
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