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DuPont de Nemours Q2 Adjusted Earnings, Revenue Increase; Raises 2024 Forecast
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DuPont de Nemours Q2 Adjusted Earnings, Revenue Increase; Raises 2024 Forecast
Jul 31, 2024 4:16 AM

06:53 AM EDT, 07/31/2024 (MT Newswires) -- DuPont de Nemours ( DD ) reported Q2 adjusted earnings of $0.97 per diluted share on Wednesday, up from $0.85 a year earlier.

Analysts polled by Capital IQ expected $0.85.

Revenue for the quarter ended June 30 was $3.17 billion compared with $3.09 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.05 billion.

For Q3, the company expects adjusted diluted earnings of $1.03 on net sales of $3.20 billion. Analysts surveyed by Capital IQ expect earnings of $1.02 on revenue of $3.20 billion.

The company raised its 2024 adjusted earnings range to $3.70 per share to $3.80 per share from $3.45 to $3.75. Analysts surveyed by Capital IQ expect $3.63. It also raised its revenue forecast for the year to $12.40 billion to $12.50 billion from $12.10 billion to $12.40 billion previously. Analysts polled by Capital IQ expect $12.27 billion.

Price: 85.00, Change: +4.59, Percent Change: +5.71

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