earnings
confidence high
sentiment positive
materiality 0.75
DuPont Q3 net sales $3.19B (+4%), adj EPS $1.18 (+28%), raises FY2024 outlook
DuPont de Nemours, Inc.
2024-Q3 EPS reported
$1.95
revenue$9,294,000,000
- GAAP EPS from cont ops $1.13 vs $0.62 YoY; operating EBITDA $857M (+11%); margin 26.8% (+150bps).
- Electronics & Industrial net sales $1.55B (+13% YoY); Semiconductor Tech up >20% organic.
- Water & Protection net sales $1.38B (-2% YoY); Water Solutions up low-single digits organic.
- FY2024 guidance raised: operating EBITDA ~$3.125B, adj EPS ~$3.90 from prior $3.70-$3.80.
- Transaction-adjusted free cash flow $640M; 130% conversion; cites demand recovery in electronics/water.