Company news: DuPont’s (DD) quarterly results beat analysts’ expectations

DuPont (DD) reported Q1 FY2024 earnings of $0.79 per share (versus $0.84 per share in Q1 FY2023), beating analysts’ consensus estimate of $0.65 per share.

The company’s quarterly revenues amounted to $2.931 bln (-2.9% y/y), beating analysts’ consensus estimate of $2.813 bln.

The company also issued guidance for FY2024, seeing EPS of $3.45-3.75 versus analysts’ consensus estimate of $3.44 and revenues of $12.1-12.4 bln versus analysts’ consensus estimate of $12.13 bln.

DD rose to $75.00 (+3.45%) in pre-market trading.