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DuPont's (DD) Tyvek Protec PSU peel and stick underlayment provides reliable, high-quality performance that meets or surpasses industry and code standards.
DuPont de Nemours, Inc. (DD) Q4 2023 Earnings Call Transcript
DuPont (DD) sees challenges from continued economic weakness in China and channel inventory de-stocking in Q4.
The headline numbers for DuPont de Nemours (DD) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
A weakening Chinese economy and inventory destocking will weigh on DuPont's business in 2024.
Shares of DuPont de Nemours Inc. DD, -1.84% rose 1.9% in premarket trading Tuesday, after the parent of Kevlar, Tyvek and Styrofoam brands reported fourth-quarter profit that beat expectations but revenue that fell a touch shy. The results come about two weeks after the company issued a profit warning for the first quarter, citing additional inventory destocking by customers and continued weak demand in China.
DuPont's (DD) fourth-quarter results are likely to reflect the impacts of demand softness and inventory de-stocking.
Beyond analysts' top -and-bottom-line estimates for DuPont de Nemours (DD), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
DuPont de Nemours (DD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.