DuPont De Nemours, Inc. (NYSE:DD) shares are trading higher after the company's fourth-quarter results exceeded street estimates.
The company reported sales growth of 7% year over year to $3.092 billion, beating the consensus of $3.068 billion. Organic sales increased +7% YoY, with an 8% increase in volume offset by a 1% decrease in price. Organic sales by region were EMEA +1%, U.S./Canada +5%, and Asia Pacific +11%.
DuPont's operating EBITDA rose 13% YoY to $807 million, and its margin expanded by 140 bps to 26.1%.
Adjusted EPS for the quarter was $1.13 (+30% YoY), beating the consensus of $0.98.
Electronics & Industrial sales totaled $1.506 billion (+11% YoY), and the operating EBITDA margin expanded by 250 bps to 30.3%.
Water & Protection sales were $1.359 billion (+6% YoY), and the operating EBITDA margin expanded by 170 bps to 26.3%.
In the quarter, operating cash flow from continuing activities reached $564 million (-13% YoY), with $161 million in capital expenditures and $52 million in separation costs, resulting in $455 million in transaction-adjusted free cash flow (96% conversion).
Q1 Outlook: DuPont expects net sales of ~$3.025 billion versus the consensus of $3.051 billion and Adjusted EPS of ~$0.95 versus the consensus of $0.94.
"We estimate first quarter 2025 net sales of about $3.025 billion which assumes mid-single digit organic growth and a foreign currency headwind of approximately 1.5% on a year over year basis. Further, we estimate operating EBITDA of about $760 million and adjusted EPS of approximately $0.95 per share for the first quarter," stated Antonella Franzen, Chief Financial Officer of DuPont.
2025 Outlook: DuPont sees adjusted EPS of $4.30 – $4.40 versus the $4.34 consensus and expects revenue of $12.8 billion-$12.9 billion versus the $12.92 billion consensus.
The company expects Operating EBITDA of $3.325 billion – $3.375 billion.
"Our full year net sales guidance assumes mid-single digit organic growth and a foreign currency headwind of about 1% versus last year," mentioned Franzen.
Price Action: DD shares are trading higher by 5.43% at $80.40 premarket at the last check Tuesday.
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