DuPont Raises FY24 Outlook: Adj EPS Guidance From $3.45-3.75 to $3.70-$3.80 vs $3.63 Estimate; Revenue From $12.10B-$12.40B to $12.40B-$12.50B vs $12.26B Estimate
Portfolio Pulse from Benzinga Newsdesk
DuPont has raised its FY24 outlook, increasing its adjusted EPS guidance from $3.45-$3.75 to $3.70-$3.80, surpassing the $3.63 estimate. Additionally, revenue guidance has been raised from $12.10B-$12.40B to $12.40B-$12.50B, exceeding the $12.26B estimate.

July 31, 2024 | 10:04 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
DuPont has raised its FY24 outlook, increasing its adjusted EPS guidance from $3.45-$3.75 to $3.70-$3.80, surpassing the $3.63 estimate. Additionally, revenue guidance has been raised from $12.10B-$12.40B to $12.40B-$12.50B, exceeding the $12.26B estimate.
DuPont's raised guidance for both EPS and revenue indicates stronger-than-expected performance, which is likely to positively impact the stock price in the short term. The new guidance surpasses analyst estimates, signaling confidence in future earnings and revenue growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100