DuPont de Nemours (NYSE:DD – Get Free Report) posted its quarterly earnings results on Tuesday. The basic materials company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.15, Briefing.com reports. DuPont de Nemours had a return on equity of 6.31% and a net margin of 5.30%. The company had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.20 billion. During the same period in the previous year, the firm earned $0.92 EPS. The firm’s revenue was up 4.4% compared to the same quarter last year. DuPont de Nemours updated its FY 2024 guidance to 3.900-3.900 EPS and its Q4 2024 guidance to 0.980-0.980 EPS.
DuPont de Nemours Trading Down 1.6 %
Shares of NYSE:DD traded down $1.34 during trading hours on Wednesday, hitting $84.33. 3,609,302 shares of the company’s stock traded hands, compared to its average volume of 2,495,537. The firm has a market capitalization of $35.22 billion, a P/E ratio of 56.15, a price-to-earnings-growth ratio of 2.18 and a beta of 1.35. The business has a fifty day moving average price of $84.22 and a 200-day moving average price of $81.09. DuPont de Nemours has a 1 year low of $61.14 and a 1 year high of $90.06. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.21 and a quick ratio of 1.44.
DuPont de Nemours Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date is Friday, November 29th. DuPont de Nemours’s dividend payout ratio (DPR) is currently 100.00%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on DD
About DuPont de Nemours
DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.
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