DuPont's (DD) Q4 Earnings Surpass Estimates, Revenues Lag
DDDuPont(DD) Zacks Investment Research·2024-02-07 00:21

DuPont de Nemours, Inc. (DD) incurred a loss (on a reported basis) from continuing operations 300millionor72centspershareinfourthquarter2023.Intheyearagoquarter,thecompanyhadreportedaprofitof300 million or 72 cents per share in fourth-quarter 2023. In the year-ago quarter, the company had reported a profit of 105 million or 20 cents per share. The bottom line in the reported quarter was hurt by a hefty non-cash goodwill impairment charge of around $800 million. Barring one-time items, earnings came in at 87 cents per share for the reported quarter, topping the Zacks Consensus Estimate of 85 cents. Du ...