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Breaking Flooring News

DuPont updates outlook for fourth quarter

DuPont announced today that it expects reported earnings for the fourth quarter 2002 to be between $0.31 and $0.33 per share, slightly below the company's initial outlook. The net impact of special items for the quarter is expected to be immaterial, according to the company.

However, pre-tax operating results in the second half of the quarter were lower than expected. The company expects this decline to be largely offset by a significant benefit from further reduction in the effective income tax rate for full year 2002.

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