DuPont Reaffirms FY23 Adj. EPS Outlook Of $3.45 Vs. $3.45 Estimate, Lowers Revenue Outlook To $12.17B From $12.45B - $12.55B Prior, Vs. $12.45B Estimate
Portfolio Pulse from Benzinga Newsdesk
DuPont has reaffirmed its FY23 adjusted EPS outlook of $3.45, which is in line with estimates. However, the company has lowered its revenue outlook to $12.17 billion from the previous range of $12.45 billion to $12.55 billion, which is below the $12.45 billion estimate.
November 01, 2023 | 10:13 am
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DuPont's reaffirmed EPS outlook aligns with estimates, but the lowered revenue outlook, now below estimates, could negatively impact the stock in the short term.
DuPont's EPS outlook is in line with estimates, which is a positive signal. However, the company's lowered revenue outlook, which is now below estimates, could be a cause for concern among investors and could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100