Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessDuPont de Nemours, Inc. (NYSE:DD) Q3 2024 Earnings Preview

DuPont de Nemours, Inc. (NYSE:DD) Q3 2024 Earnings Preview

Add to Favorite
Added to Favorite


Analysts expect earnings per share (EPS) of $1.03 and revenue of $3.2 billion, indicating growth from the previous year.
The anticipated EPS reflects a 12% increase year-over-year, supported by positive analyst sentiment.
DuPont’s shares have risen by 24.4% over the past year, outperforming the industry average.

DuPont de Nemours, Inc. (NYSE:DD) is a prominent player in the chemicals industry, known for its innovation-driven approach and diverse product offerings. The company is set to release its third-quarter 2024 earnings on November 5. Analysts expect earnings per share (EPS) of $1.03 and revenue of $3.2 billion, reflecting growth from the previous year.

The anticipated EPS of $1.03 marks a 12% increase from the same quarter last year, as highlighted by Zacks Investment Research. This growth is supported by a 1.1% upward revision in the consensus EPS estimate over the past 30 days, indicating positive analyst sentiment. Such revisions often correlate with short-term stock price movements, suggesting potential investor interest.

DuPont’s revenue is projected to grow by 4.6% year-over-year, reaching $3.2 billion. This growth is attributed to the company’s strategic investments in innovation and productivity, despite facing demand challenges in certain segments. The company’s shares have risen by 24.4% over the past year, outperforming the Zacks Chemicals Diversified industry’s 8.4% increase.

DuPont has a history of surpassing earnings expectations, with an average earnings surprise of 11.9% over the past four quarters. In the most recent quarter, the company delivered a 14.1% earnings surprise. This track record, combined with its strong liquidity position, as indicated by a current ratio of 2.21, positions DuPont well for continued growth.

The company’s financial metrics, such as a P/E ratio of 51.91 and a price-to-sales ratio of 2.80, reflect investor confidence in its earnings and sales potential. Additionally, DuPont’s low debt-to-equity ratio of 0.31 and an enterprise value to operating cash flow ratio of 18.92 highlight its solid financial health and efficient cash flow management.

Subscribe to get Latest News Updates

Latest News

You may like more
more

Cerence Inc. (NASDAQ:CRNC) Faces Financial Challenges Amidst Automotive AI Competition

Cerence Inc. (NASDAQ:CRNC) reported an EPS of -$0.49, missing...

NetApp Inc. (NASDAQ:NTAP) Surpasses Earnings and Revenue Estimates

NetApp Inc. (NASDAQ:NTAP) reported an earnings per share (EPS)...

Agilent Technologies (NYSE:A) Quarterly Earnings Preview

The anticipated EPS of $1.41 represents a 2.2% increase...