DuPont: lackluster estimates for Q4
(CercleFinance.com) - On a preliminary basis, DuPont de Nemours reports estimated EPS of between $0.
85 and $0.87 for Q4 2023, for operating EBITDA of around $715m and revenues of around $2.9bn.
At the end of 2023, management saw further de-stocking within its industrial activities, as well as persistent weak demand in China, adding that similar trends are continuing.
For Q1 2024, DuPont says it expects adjusted EPS of around $0.63 to $0.65, operating EBITDA of around $610m and sales of around $2.8bn.
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