$DD (+1,14%) | DuPont Q3'24 Earnings Highlights:

🔹 Revenue: $3.2B (Est. $3.2B); UP +4% YoY

🔹 Adj EPS: $1.18 (Est. $1.03) 🟢; UP +28% YoY

🔹 Operating EBITDA: $857M; UP +11% YoY

🔹 Cash from Operations: $737M

🔹 Transaction-Adjusted Free Cash Flow: $640M; UP +3% YoY

Q4'24 Outlook:

🔹 Revenue: ~$3.07B (Est. $3.13B) 🟡

🔹 Adjusted EPS: ~$0.98 (Est. $0.98) 🟡

🔹 Operating EBITDA: ~$790M

FY'24 Outlook:

🔹 Adjusted EPS: ~$3.90 (Est. $3.77) 🟢

🔹 Revenue: ~$12.37B (Prior Guidance: $12.4B - $12.5B)

🔹 Operating EBITDA: ~$3.125B

Q3 Segment Highlights:

Electronics & Industrial (E&I):

🔹 Revenue: $1.55B; UP +13% YoY

🔹 Operating EBITDA: $467M; UP +22% YoY

🔹 Operating EBITDA Margin: 30.1%, expanded by 210 bps

🔸 Semiconductor Technologies sales up 20% YoY, driven by AI applications

🔸 Strong growth in consumer electronics with recovery in Interconnect Solutions

Water & Protection (W&P):

🔹 Revenue: $1.38B; DOWN -2% YoY

🔹 Operating EBITDA: $364M; UP +1% YoY

🔹 Operating EBITDA Margin: 26.3%, expanded by 70 bps

🔸 Water Solutions sales saw sequential growth of 3%, with strength in ultrafiltration technologies

🔸 Medical packaging products up 10% sequentially in Q3

Strategic and Operational Highlights:

🔸 Continued demand recovery in Electronics, Water, and Medical Packaging end-markets

🔸 Progressing with planned separations of the Electronics and Water businesses to enhance market focus

🔸 Introduced innovative AI-enabled semiconductor solutions to meet rising demand