Earnings Preview: DuPont de Nemours
Portfolio Pulse from Benzinga Insights
DuPont de Nemours (NYSE:DD) is scheduled to release its quarterly earnings report on February 6, 2024, with analysts expecting an EPS of $0.85. The company's past performance shows a mix of earnings beats and misses, with share prices reacting accordingly. Over the last year, DD shares have declined by 20.67%, indicating a bearish sentiment among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.
February 05, 2024 | 3:01 pm
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NEUTRAL IMPACT
DuPont de Nemours is expected to report an EPS of $0.85 for the upcoming quarter. Historical data shows variable stock price reactions to earnings reports. With a 20.67% decline over the past year, investor sentiment is bearish.
Given DuPont de Nemours's mixed historical earnings performance and the significant decline in share price over the past year, the short-term impact of the upcoming earnings report is uncertain. While a positive earnings surprise and optimistic future guidance could provide a boost to the stock, the bearish sentiment among long-term shareholders may temper any short-term gains. The score is neutral due to these competing factors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100