DuPont de Nemours, Inc. (DD) incurred a loss (on a reported basis) from continuing operations $300 million or 72 cents per share in fourth-quarter 2023. In the year-ago quarter, the company had reported a profit of $105 million or 20 cents per share. The bottom line in the reported quarter was hurt by a hefty non-cash goodwill impairment charge of around $800 million.Barring one-time items, earnings came in at 87 cents per share for the reported quarter, topping the Zacks Consensus Estimate of 85 cents. DuP ...

For the quarter ended December 2023, DuPont de Nemours (DD) reported revenue of $2.9 billion, down 6.6% over the same period last year. EPS came in at $0.87, compared to $0.89 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.9 billion, representing a surprise of -0.14%. The company delivered an EPS surprise of +2.35%, with the consensus EPS estimate being $0.85.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

4Q & FY 2023 Financial Results Non-GAAPFinancialMeasures:Unlessotherwiseindicated,allfinancialmetricspresentedanddiscussionofresultsreflectcontinuingoperationsonly. ThiscommunicationincludesinformationthatdoesnotconformtoaccountingprinciplesgenerallyacceptedintheUnitedStatesofAmerica(“U.S.GAAP”)andareconsiderednon-GAAPmeasures.Managementusesthesemeasuresinternallyforplanning,forecasting andevaluatingtheperformanceoftheCompany,includingallocatingresources.DuPont’smanagementbelievesthesenon-GAAPfinancialmeasu ...

Shares of DuPont de Nemours Inc. DD, -1.84% rose 1.9% in premarket trading Tuesday, after the parent of Kevlar, Tyvek and Styrofoam brands reported fourth-quarter profit that beat expectations but revenue that fell a touch shy. The results come about two weeks after the company issued a profit warning for the first quarter, citing additional inventory destocking by customers and continued weak demand in China. For the fourth quarter, the company swung to a net loss of $22 million, or 5 cents a share, from ...

DuPont de Nemours, Inc. (DD) is scheduled to come up with fourth-quarter 2023 results, before the opening bell on Feb 6.The company surpassed the Zacks Consensus Estimate in each of the trailing four quarters. In this timeframe, it delivered an earnings surprise of 7.1%, on average. It posted an earnings surprise of 9.5% in the last reported quarter.DuPont’s fourth-quarter results are likely to reflect the impacts of demand softness and inventory de-stocking. It is expected to have benefited from its pricin ...

Wall Street analysts expect DuPont de Nemours (DD) to post quarterly earnings of $0.85 per share in its upcoming report, which indicates a year-over-year decline of 4.5%. Revenues are expected to be $2.9 billion, down 6.5% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 29.4% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior to a company's ...

New awards program recognizes excellence in healthcare packaging initiatives that utilize Tyvek® to help drive and promote continued sustainable innovation  WILMINGTON, Del., Feb. 1, 2024 /PRNewswire/ -- DuPont (NYSE: DD) today announced that it is launching a new global awards program called the Tyvek® Sustainable Healthcare Packaging Awards. This annual awards program is designed to recognize leaders across the healthcare industry who are embracing and driving sustainability throughout the packaging lifec ...

Wall Street expects a year-over-year decline in earnings on lower revenues when DuPont de Nemours (DD) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February ...

DuPont de Nemours Inc. (DD) and Point Blank Enterprises recently announced an exclusive deal to provide body armor made with Kevlar EXO aramid fiber to North American state and local law enforcement personnel.Kevlar EXO aramid fiber is the most significant aramid fiber innovation in more than five decades, as well as an entirely new technology platform designed to service a wide range of applications requiring high performance and protection in extreme and demanding environments.DuPont Kevlar has long been ...

ryasick Introduction If you've held DuPont de Nemours (NYSE:DD) over the past 5 years, you're most likely in the red as the stock has not performed well, down more than 20%. In the last year alone, it is down double digits. So, the past few years have not been great for shareholders. But with share price declines can come great buying opportunities, especially if the company has solid fundamentals. Sometimes Mr. Market can be harsh on businesses and overreact to certain news, whether it be good or bad. ...