DuPont de Nemours Q3 Adj. EPS $0.92 Beats $0.84 Estimate, Sales $3.06B Miss $3.15B Estimate
Portfolio Pulse from Benzinga Newsdesk
DuPont de Nemours (NYSE:DD) reported Q3 earnings of $0.92 per share, beating the analyst consensus estimate of $0.84 by 9.52%. However, the company's quarterly sales of $3.06 billion missed the analyst consensus estimate of $3.15 billion by 2.92%. This represents a 12.2% increase in earnings but a 7.81% decrease in sales compared to the same period last year.
November 01, 2023 | 10:07 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
DuPont's Q3 earnings beat estimates but sales missed, indicating mixed performance. This could lead to uncertain market reactions.
DuPont's earnings beat could boost investor confidence, potentially driving the stock price up. However, the sales miss could offset this positive impact, creating uncertainty in the stock's short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100