Chemicals firm DuPont De Nemours said on Monday insider Jon Kemp will take over as CEO of its independent electronics unit following the planned spinoff of the business.
DuPont de Nemours (DD) reported earnings 30 days ago. What's next for the stock?
DD gains on its focus on growth through innovation, acquisitions and productivity actions amid pricing and cost headwinds.
DD provides cutting-edge materials for flexible, stiff-flex and rigid PCBs, allowing complicated circuits to be seamlessly integrated.
DuPont de Nemours Inc. NYSE: DD is a leading industrial materials and specialty chemicals company that has been a surprising beneficiary of the AI boom. The basic materials sector leader manufactures products used in many industries, including construction, healthcare, transportation, electronics and worker safety.
Major U.S. equities indexes were mixed and little changed as Federal Reserve Chair Jerome Powell began his two-day stint of testimony before Congress, stressing that the central bank will maintain a cautious approach.
DuPont de Nemours, Inc. (NYSE:DD ) Q4 2024 Earnings Conference Call February 11, 2025 8:00 AM ET Company Participants Chris Mecray - Vice President, Investor Relations Lori Koch - Chief Executive Officer Antonella Franzen - Chief Financial Officer Edward Breen - Executive Chairman Conference Call Participants Scott Davis - Melius Research John McNulty - BMO Capital Markets Steve Tusa - JP Morgan Jeff Sprague - Vertical Research Chris Parkinson - Wolfe Research Josh Spector - UBS Financial Patrick Cunningham - Citi Aleksey Yefremov - Keybanc Capital Markets John Roberts - Mizuho Mike Leithead - Barclays David Begleiter - Deutsche Bank Vincent Andrews - Morgan Stanley Mike Sison - Wells Fargo Frank Mitsch - Fermium Research Laurence Alexander - Jefferies Steve Byrne - Bank of America Operator Thank you for standing by. And welcome to the DuPont Fourth Quarter 2024 Earnings Conference Call.
The headline numbers for DuPont de Nemours (DD) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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.