DuPont (DD) shares jumped Tuesday as the chemicals and materials firm posted better-than-expected profit and solid guidance on rising sales of its electronics products.
DD beats earnings estimates in the fourth quarter on continued strength in electronics end-markets.
DuPont de Nemours (DD) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $0.87 per share a year ago.
DuPont cited continued recovery in semiconductor demand, driven primarily by AI-technology applications and stronger demand in China, for its results.
DuPont reports fourth-quarter adjusted earnings per share of $1.13 from sales of $3.1 billion. Wall Street was looking for profit of 98 cents a share and sales of $3.1 billion.
Get a deeper insight into the potential performance of DuPont de Nemours (DD) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
DD is expected to have benefited from innovation, productivity actions and the acquisitions of the Spectrum Plastics Group and Donatelle Plastics in Q4.
DuPont de Nemours (DD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
The market has been worried about the potential implications of President Trump's new tariffs on some of the United States' biggest trading partners. The latest announcements were made for Colombia after a clash between presidents over an immigration issue.
DuPont plans to separate its Electronics business by November 2025, potentially enhancing financial flexibility and balance sheet strength. The company completed a $2 billion stock repurchase program and approved an additional $1 billion buyback, indicating management's confidence in undervaluation. DuPont's restructuring program concluded in 2024, likely boosting net income growth in 2025 by eliminating restructuring costs.
DuPont de Nemours (DD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.