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NEW YORK - DuPont (NYSE:DD) on Tuesday reported fourth-quarter earnings that surpassed analyst expectations, driven by robust demand in electronics and improvements in water and healthcare markets.
The company’s shares surged 5% in pre-market trading following the announcement and positive guidance for 2025.
The chemical giant posted adjusted earnings per share of $1.13 for Q4, beating the analyst consensus of $0.99 by $0.14. Revenue for the quarter came in at $3.09 billion, slightly above the estimated $3.08 billion and representing a 7% YoY increase in both net and organic sales.
DuPont’s strong performance was attributed to an 8% increase in volume, particularly in electronics end-markets, offset slightly by a 1% decrease in price. The company also saw a return to YoY growth in medical packaging and biopharma within healthcare markets, as well as acceleration in water markets.
"DuPont closed out a year of strong financial performance with solid fourth quarter results," said Lori Koch, DuPont Chief Executive Officer. "Our team’s ongoing focus on operational execution and cost discipline throughout 2024 delivered 100 basis points of margin expansion with 17% adjusted EPS growth for the full year."
Looking ahead, DuPont provided an optimistic outlook for 2025. The company expects Q1 2025 EPS of $0.95, above the consensus of $0.93, and revenue of $3.025 billion. For the full year 2025, DuPont forecasts EPS between $4.30 and $4.40, with revenue ranging from $12.8 to $12.9 billion.
The company also reported strong cash flow, with cash provided by operating activities from continuing operations at $564 million for the quarter and transaction-adjusted free cash flow of $455 million.
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