By Connor Hart
DuPont de Nemours reported higher-than-expected earnings and revenue in the fourth quarter, boosted by electronics, as well as improvements across water- and medical-packaging end-markets.
The chemical and materials maker on Tuesday posted a net loss of $118 million, or 28 cents a share, compared with a loss of $22 million, or 5 cents a share, in the same quarter a year earlier.
Adjusted per-share earnings were $1.13, beating the 98 cents that analysts surveyed by FactSet were expecting.
Revenue increased 6.7% to $3.09 billion, just ahead of the $3.07 billion that analysts were looking for, according to FactSet.
Chief Executive Lori Koch said that continued strength in electronics end-markets, as well as further improvement in water- and medical-packaging end-markets drove the recent quarter's results.
The company seeks to carry this momentum into the current year, Chief Financial Officer Antonella Franzen said, adding she is excited about value-creation opportunities centered around its Water and Healthcare businesses.
For the first quarter, DuPont guided for adjusted earnings of approximately 95 cents a share on revenue of about $3.03 billion. Analysts are looking for adjusted earnings of 94 cents on revenue of $3.05 billion, according to FactSet.
In 2025, the company expects adjusted per-share earnings of $4.30 to $4.40, as well as revenue of $12.8 billion to $12.9 billion. Analysts modeled adjusted earnings of $4.37 a share, as well as revenue of $12.9 billion.
Shares rose 5%, to $80.08, in premarket trading.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
February 11, 2025 06:26 ET (11:26 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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