Shares of DuPont de Nemours, Inc. (DD) have gained 16.5% over the past six months. The company has also outperformed its industry’s rise of 4.5% over the same time frame. DD has also topped the S&P 500’s roughly 9.5% increase over the same period.Let’s take a look into the factors that are driving this Zacks Rank #3 (Hold) stock.Image Source: Zacks Investment ResearchProductivity, Innovation & Acquisitions Aid DDDuPont is benefiting from its innovation-driven investment, productivity actions and acquisition ...

DuPont de Nemours Inc. (DD) has announced the addition of two new accessories to its commercial construction portfolio, DuraGard WD Self-Adhered Flashing Tape and LiquidArmor FJ Flashing and Joint Compound. The latest additions are intended to ensure air and water barrier continuity while integrating smoothly with the DuPont ArmorWall System, a high-performance five-in-one exterior wall assembly. These new accessories, with their ability to be placed at low temperatures, provide 270 days of UV exposure. The ...

DuraGard™ WD Self-Adhered Flashing Tape designed to help seal and protect against moisture intrusion around windows and doorsLiquidArmor™ FJ Flashing and Joint Compound for air- and water-resistive barrier continuityWILMINGTON, Del., Aug. 20, 2024 /PRNewswire/ -- DuPont (NYSE:DD) has added two new accessories to its commercial construction portfolio: DuraGard™ WD Self-Adhered Flashing Tape and LiquidArmor™ FJ Flashing and Joint Compound. Both products are designed to help provide air and water barrier conti ...

WILMINGTON, Del., Aug. 15, 2024 /PRNewswire/ -- DuPont (NYSE: DD) today announced that it has won two 2024 R&D 100 Awards in the Mechanical/Materials category. The R&D 100 Awards, sponsored by R&D World Magazine, recognizes the 100 most innovative technologies of the previous year."We're tremendously proud that our innovative solutions have once again been recognized for their game-changing impacts for our customers and society," said Alexa Dembek, DuPont Chief Technology & Sustainability Officer. "These aw ...

Solutions honored support customer needs in green hydrogen and semiconductor industriesWILMINGTON, Del., Aug. 6, 2024 /PRNewswire/ -- DuPont (NYSE: DD) has been recognized with two 2024 Sustainability Awards from the Business Intelligence Group —Sustainability Product of the Year for the first ion exchange resin supporting the production of green hydrogen from water and Sustainability Initiative of the Year for a novel formulation supporting post-etch cleans in semiconductor production. "At DuPont, sustaina ...

Sundry Photography DuPont de Nemours, Inc. (NYSE:DD) delivered yet another earnings beat for the second quarter of 2024. The industrial materials company made adjusted earnings of $0.97 per share, on net sales of $3.17 billion. This topped both the consensus forecast for adjusted EPS of $0.85 and net sales of $3.05 billion. DuPont Q2 EPS Bridge (DuPont Q2 Earnings Presentation) Strong Track Record DuPont has a strong track record of exceeding analysts' expectations for both earnings and revenues. But th ...

DuPont de Nemours (DD) reported $3.17 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 2.5%. EPS of $0.97 for the same period compares to $0.85 a year ago.The reported revenue represents a surprise of +4.45% over the Zacks Consensus Estimate of $3.04 billion. With the consensus EPS estimate being $0.85, the EPS surprise was +14.12%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-38196 DUPONT DE NEMOURS, INC. (Exact name of registrant as specified in its charter) Delaware 81-1224539 State or other jurisdiction of incorporation or organization (I.R.S. ...

DuPont de Nemours (DD) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.12%. A quarter ago, it was expected that this specialty chemicals maker would post earnings of $0.65 per share when it actually produced earnings of $0.79, delivering a surprise of 21.54%.Over the last four quar ...

Financial Performance - Net sales increased 2% to $3.2 billion, with organic sales flat year-over-year[2][4] - GAAP income from continuing operations decreased 35% to $176 million, while operating EBITDA increased 8% to $798 million[2][4] - Adjusted EPS increased 14% to $0.97, driven by higher segment earnings and a lower share count[2][7] - Cash provided by operating activities from continuing operations increased 32% to $527 million, with adjusted free cash flow up 53% to $425 million[2][8] - Net sales for Q2 2024 were $3.171 billion, a 2.5% increase compared to $3.094 billion in Q2 2023[37] - Net income for Q2 2024 was $185 million, a significant improvement from a net loss of $117 million in Q2 2023[37] - Cash provided by operating activities for the first six months of 2024 was $1.020 billion, a 26.7% increase compared to $805 million in the same period of 2023[42] - Adjusted free cash flow for Q2 2024 was $425 million, a 53% increase from $277 million in Q2 2023[49] - Adjusted earnings (non-GAAP) for Q2 2024 were $408 million, compared to $391 million in Q2 2023[49] - Reported earnings (GAAP) for Q2 2023 were $356 million in pretax income, $255 million in net income, and $0.55 EPS[51] - Adjusted earnings (non-GAAP) for Q2 2023 were $528 million in pretax income, $391 million in net income, and $0.85 EPS[51] - Reported earnings (GAAP) for the six months ended June 30, 2024 were $563 million in pretax income, $344 million in net income, and $0.82 EPS[52] - Adjusted earnings (non-GAAP) for the six months ended June 30, 2024 were $1,037 million in pretax income, $742 million in net income, and $1.76 EPS[52] - Reported earnings (GAAP) for the six months ended June 30, 2023 were $712 million in pretax income, $520 million in net income, and $1.13 EPS[53] - Adjusted earnings (non-GAAP) for the six months ended June 30, 2023 were $1,043 million in pretax income, $779 million in net income, and $1.69 EPS[53] Segment Performance - Electronics & Industrial segment net sales increased 15% to $1.508 billion, with organic sales growth of 8%[9] - Water & Protection segment net sales decreased 7% to $1.391 billion, with organic sales decline of 6%[12][13] - Net sales for the Electronics & Industrial segment increased to $1.508 billion in Q2 2024, up 15% from $1.312 billion in Q2 2023[43] - Operating EBITDA for the Electronics & Industrial segment rose to $419 million in Q2 2024, up 20% from $349 million in Q2 2023[47] - Net sales in the U.S. & Canada region grew to $1.127 billion in Q2 2024, an 8% increase from $1.045 billion in Q2 2023[43] - The Asia Pacific region contributed $1.368 billion in net sales for Q2 2024, a 1% increase from $1.350 billion in Q2 2023[43] Cash Flow and Liquidity - Cash and cash equivalents decreased to $1.503 billion as of June 30, 2024, down from $2.392 billion at the end of 2023[40] - Long-term debt decreased to $7.168 billion as of June 30, 2024, compared to $7.800 billion at the end of 2023[40] - Capital expenditures for the first six months of 2024 were $309 million, a 12.9% decrease compared to $355 million in the same period of 2023[42] - Adjusted free cash flow conversion for Q2 2024 was 104%, compared to 71% in Q2 2023[49] Non-GAAP Financial Measures - The Company defines Operating EBITDA as earnings before interest, depreciation, amortization, non-operating pension/OPEB benefits/charges, and foreign exchange gains/losses, excluding Future Reimbursable Indirect Costs, and adjusted for significant items[30] - Operating EBITDA Margin is defined as Operating EBITDA divided by Net Sales[30] - Incremental Margin is the change in Operating EBITDA divided by the change in Net Sales for the applicable period[30] - Adjusted Free Cash Flow is defined as cash provided by/used for operating activities from continuing operations less capital expenditures and excluding the impact of cash inflows/outflows that are unusual in nature and/or infrequent in occurrence[32] - Adjusted Free Cash Flow Conversion is defined as Adjusted Free Cash Flow divided by Adjusted Earnings[33] - Organic Sales is defined as net sales excluding the impacts of currency and portfolio[31] - Significant items are items that arise outside the ordinary course of the Company's business that management believes may cause misinterpretation of underlying business performance[31] - Adjusted Earnings is defined as income from continuing operations excluding the after-tax impact of significant items, after-tax impact of amortization expense of intangibles, the after-tax impact of non-operating pension/OPEB credits/costs and Future Reimbursable Indirect Costs[29] - The Company has not provided forward-looking U.S. GAAP financial measures or a reconciliation of forward-looking non-GAAP financial measures to the most comparable U.S. GAAP financial measures on a forward-looking basis[27] - The company will introduce supplemental non-GAAP financial measures, including Transaction Adjusted Free Cash Flow, starting in Q3 2024[34] - Transaction Adjusted Free Cash Flow is defined as cash from operating activities minus capital expenditures and transaction costs related to business separations[35] - Transaction Adjusted Free Cash Flow Conversion is calculated as Adjusted Free Cash Flow (excluding transaction costs) divided by Adjusted Earnings[35] Significant Items and Adjustments - Significant items impacting Q2 2024 results included a $74 million loss on debt extinguishment and a $39 million interest rate swap mark-to-market loss[50] - Total significant items impacting Q2 2023 results were $22 million in pretax income, $18 million in net income, and $0.04 EPS[51] - Total significant items impacting the six months ended June 30, 2024 were $184 million in pretax income, $175 million in net income, and $0.42 EPS[52] - Total significant items impacting the six months ended June 30, 2023 were $30 million in pretax income, $24 million in net income, and $0.05 EPS[53] - Amortization of intangibles for the six months ended June 30, 2024 was $300 million in pretax income, $231 million in net income, and $0.54 EPS[52] Strategic Initiatives - The company completed the acquisition of Donatelle, expanding healthcare offerings in medical device markets[3] - The company plans to separate its Electronics and Water businesses into three distinct publicly traded companies within 18-24 months[23] - Management estimates amortization expense in 2024 associated with intangibles to be about $600 million on a pre-tax basis, or approximately $1.08 per share[29] Share Count and Equity - Weighted-average common shares outstanding decreased to 417.8 million (basic) and 419.3 million (diluted) in Q2 2024, compared to 459.2 million and 460.3 million respectively in Q2 2023[38] - Total equity earnings included in operating EBITDA were $23 million in Q2 2024, up from $14 million in Q2 2023[48] Full-Year Guidance - Full-year 2024 guidance raised: net sales expected to be $12.4-$12.5 billion, operating EBITDA $3.06-$3.11 billion, and adjusted EPS $3.70-$3.80[15]