DuPont de Nemours Q4 Adj. EPS $0.87 Beats $0.85 Estimate, Sales $2.90B Miss $2.93B Estimate
Portfolio Pulse from Benzinga Newsdesk
DuPont de Nemours (DD) reported Q4 adjusted EPS of $0.87, surpassing the $0.85 estimate, but its sales of $2.90B fell short of the $2.93B estimate. This represents a 2.25% decrease in earnings and a 6.64% decrease in sales from the same period last year.
February 06, 2024 | 11:02 am
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NEUTRAL IMPACT
DuPont de Nemours reported a mixed Q4 with an EPS beat but a miss on sales forecasts, indicating a decrease in both earnings and sales from the previous year.
The mixed results with an EPS beat but a sales miss could lead to neutral market reaction in the short term. Investors might appreciate the earnings beat but could be concerned about the sales miss and year-over-year declines.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100