Dupont De Nemours Inc reports results for the quarter ended June 30 - Earnings Summary

• Dupont De Nemours Inc DD.N reported quarterly adjusted earnings of $1.12​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 97 cents. The mean expectation of sixteen analysts for the quarter was for earnings of $1.06 per share. Wall Street expected results to range from $1.05 to $1.09 per share.

• Revenue rose 2.7% to $3.26 billion from a year ago; analysts expected $3.24 billion.

• Dupont De Nemours Inc's reported EPS for the quarter was 14 cents​.

• The company reported quarterly net income of $59 million.

• Dupont De Nemours Inc shares had risen by 3.4% this quarter and lost 7.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.6% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is also "buy"

• Wall Street's median 12-month price target for Dupont De Nemours Inc is $87.50, about 19% above its last closing price of $70.91

This summary was machine generated from LSEG data August 5 at 11:01 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)