DuPont Announces Preliminary Sales Of ~$2.90B For Q4 And ~$12.07B For 2023 Versus Consensus Of $3B And $12.17B, Respectively
Portfolio Pulse from Benzinga Newsdesk
DuPont reported preliminary sales figures for Q4 at approximately $2.90 billion and for the full year 2023 at about $12.07 billion. These figures fall short of the consensus estimates, which were $3 billion for Q4 and $12.17 billion for the full year.
January 24, 2024 | 11:57 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
DuPont's preliminary sales for Q4 and the full year 2023 are below consensus estimates, which may lead to negative investor sentiment and a potential short-term decline in stock price.
Missing sales estimates can often result in negative market reactions as it may indicate a slowdown in business or a failure to meet market expectations. This can lead to a decrease in investor confidence and a potential short-term drop in the stock price of the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100