$DD (+1,29聽%) | DuPont Q3'24 Earnings Highlights:
馃敼 Revenue: $3.2B (Est. $3.2B); UP +4% YoY
馃敼 Adj EPS: $1.18 (Est. $1.03) 馃煝; UP +28% YoY
馃敼 Operating EBITDA: $857M; UP +11% YoY
馃敼 Cash from Operations: $737M
馃敼 Transaction-Adjusted Free Cash Flow: $640M; UP +3% YoY
Q4'24 Outlook:
馃敼 Revenue: ~$3.07B (Est. $3.13B)聽馃煛
馃敼 Adjusted EPS: ~$0.98 (Est. $0.98) 馃煛
馃敼 Operating EBITDA: ~$790M
FY'24 Outlook:
馃敼 Adjusted EPS: ~$3.90 (Est. $3.77) 馃煝
馃敼 Revenue: ~$12.37B (Prior Guidance: $12.4B - $12.5B)
馃敼 Operating EBITDA: ~$3.125B
Q3 Segment Highlights:
Electronics & Industrial (E&I):
馃敼 Revenue: $1.55B; UP +13% YoY
馃敼 Operating EBITDA: $467M; UP +22% YoY
馃敼 Operating EBITDA Margin: 30.1%, expanded by 210 bps
馃敻 Semiconductor Technologies sales up 20% YoY, driven by AI applications
馃敻 Strong growth in consumer electronics with recovery in Interconnect Solutions
Water & Protection (W&P):
馃敼 Revenue: $1.38B; DOWN -2% YoY
馃敼 Operating EBITDA: $364M; UP +1% YoY
馃敼 Operating EBITDA Margin: 26.3%, expanded by 70 bps
馃敻 Water Solutions sales saw sequential growth of 3%, with strength in ultrafiltration technologies
馃敻 Medical packaging products up 10% sequentially in Q3
Strategic and Operational Highlights:
馃敻 Continued demand recovery in Electronics, Water, and Medical Packaging end-markets
馃敻 Progressing with planned separations of the Electronics and Water businesses to enhance market focus
馃敻 Introduced innovative AI-enabled semiconductor solutions to meet rising demand