DuPont Q3 sales beat estimates, lifts 2026 profit outlook
Overview
US specialty materials maker's Q3 sales rose 4%, beating analyst expectations
Adjusted EPS for Q3 rose 62% yr/yr, beating analyst expectations
Company completed $250 mln accelerated share buyback, plans $250 mln more in Q4
Outlook
DuPont raises full-year 2026 adjusted EPS guidance to $7.47-$7.52 from prior outlook
Company expects full-year 2026 operating EBITDA of about $1.785 bln
DuPont forecasts Q4 2026 adjusted EPS of $1.90-$1.95 and net sales of about $1.825 bln
Result Drivers
ORGANIC SALES GROWTH - Co said mid-single-digit organic growth in Healthcare & Water Technologies and Diversified Industrials drove higher sales
SEGMENT EARNINGS - Co attributed adjusted EPS growth to higher segment earnings and lower net interest expense, tax rate, and share count
PRODUCTIVITY - Co said operating EBITDA and margin increased on organic growth and productivity
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Sales | Beat | $1.87 bln | $1.84 bln (12 Analysts) |
Q3 Adjusted EPS | Beat | $2.09 | $1.87 (17 Analysts) |
Q3 Operating EBITDA | Beat | $469 mln | $449.40 mln (13 Analysts) |
Q3 Operating EBITDA margin | 25.10% |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the specialty chemicals peer group is "buy"
Wall Street's median 12-month price target for DuPont de Nemours, Inc. is $160.00, about 13.2% above its November 2 closing price of $141.30
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 18 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)