NYSE$DD
DuPont de Nemours Inc. · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Delivered results ahead of expectations amidst the pandemic
DuPont reported Q2 2020 results, delivering ahead of expectations despite the ongoing pandemic. Net sales totaled $4.8 billion, down 12 percent, with organic sales down 10 percent. Adjusted EPS was $0.70. The company saw strength in Tyvek® protective garment and water end markets, achieving double digit revenue growth for the second consecutive quarter.
- GAAP EPS from continuing operations of $(3.37); adjusted EPS of $0.70
- Net Sales of $4.8 billion, down 12 percent; organic sales down 10 percent
- GAAP Income (Loss) from continuing operations of $(2.5) billion and Operating EBITDA of $1.1 billion
- Operating cash flow of $802 million; $564 million free cash flow in the quarter
Headline financials
Revenue & EPS history
DuPont · Revenue · Quarterly
$4.83B
Forward guidance
For third quarter, we expect sales to be slightly up sequentially with improvement in automotive and residential construction mostly offset by seasonal patterns in Nutrition & Biosciences as well as the impact of supply constraints across our Tyvek® enterprise as we perform routine maintenance on the assets. Oil & gas, aerospace, industrial, and commercial construction markets will remain challenged. We expect third quarter adjusted EPS in the range of $0.71 - $0.73.
Tailwinds
- Sales expected to be slightly up sequentially
- Improvement in automotive sector
- Improvement in residential construction
- Expected third quarter adjusted EPS in the range of $0.71 - $0.73
Headwinds
- Seasonal patterns in Nutrition & Biosciences offsetting improvements
- Impact of supply constraints across our Tyvek® enterprise
- Routine maintenance on assets
- Oil & gas markets will remain challenged
- Aerospace markets will remain challenged
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+0.8%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+0.0%
Avg return
30 days after
63%
40 / 64 earnings
Positive
+12.5%
Q3 2021
Best reaction
-11.3%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.1% | +9.6% | +4.0% | |
| Q4 2025 | +4.9% | +6.6% | -3.7% | |
| Q3 2025 | -1.1% | +1.9% | +2.2% | |
| Q1 2025 | +1.7% | -2.3% | +1.1% | |
| Q4 2024 | +6.8% | +9.2% | -1.8% | |
| Q3 2024 | +3.0% | +2.8% | -0.1% | |
| Q2 2024 | +2.8% | -3.2% | +4.8% | |
| Q1 2024 | +7.2% | +8.3% | +13.3% | |
| Q4 2023 | +8.6% | -15.0% | -6.3% | |
| Q3 2023 | -6.5% | -4.6% | -0.6% | |
| Q2 2023 | +0.1% | +1.3% | +1.2% | |
| Q1 2023 | -7.2% | -5.6% | -2.8% | |
| Q4 2022 | +6.3% | +4.8% | -2.1% | |
| Q3 2022 | +8.6% | +14.7% | +13.1% | |
| Q2 2022 | -3.4% | -2.2% | -8.3% | |
| Q1 2022 | +4.4% | -0.7% | +4.4% | |
| Q4 2021 | +8.1% | +5.2% | -4.4% | |
| Q3 2021 | +12.5% | +12.9% | +5.7% | |
| Q2 2021 | -0.5% | +1.9% | -1.0% | |
| Q1 2021 | +3.4% | +5.8% | +9.1% | |
| Q4 2020 | -7.2% | -2.3% | -14.3% | |
| Q3 2020 | +1.7% | +6.6% | +15.4% | |
| Q2 2020 | -3.7% | -4.3% | +3.0% | |
| Q1 2020 | -1.5% | +4.9% | +22.9% | |
| Q4 2019 | -11.3% | -8.6% | -25.6% | |
| Q3 2019 | +6.2% | +10.4% | -1.2% | |
| Q2 2019 | -4.3% | -5.0% | -5.9% | |
| Q1 2019 | -6.5% | -13.9% | -18.2% | |
| Q4 2018 | -9.8% | -8.5% | -10.0% | |
| Q3 2018 | +7.1% | +7.6% | +7.3% | |
| Q2 2018 | -1.7% | +0.3% | +3.2% | |
| Q1 2018 | +1.5% | +1.2% | +4.2% | |
| Q4 2017 | -6.2% | -4.9% | -9.5% | |
| Q3 2017 | -3.0% | -3.0% | -3.2% | |
| Q2 2017 | +0.3% | -0.8% | -2.8% | |
| Q1 2017 | +2.4% | -0.0% | -3.5% | |
| Q4 2016 | +5.4% | +7.3% | +10.9% | |
| Q3 2016 | -0.9% | -0.6% | -0.3% | |
| Q2 2016 | +0.7% | +0.8% | +1.4% | |
| Q1 2016 | +2.0% | — | — | |
| Q4 2015 | -1.8% | — | — | |
| Q3 2015 | +1.8% | — | — | |
| Q2 2015 | +3.9% | — | — | |
| Q1 2015 | -0.1% | — | — | |
| Q4 2014 | -3.4% | — | — | |
| Q3 2014 | +1.9% | — | — | |
| Q2 2014 | +3.9% | — | — | |
| Q1 2014 | +0.5% | — | — | |
| Q4 2013 | +3.8% | — | — | |
| Q3 2013 | -0.8% | — | — | |
| Q2 2013 | -0.6% | — | — | |
| Q1 2013 | +3.8% | — | — | |
| Q4 2012 | +4.5% | — | — | |
| Q3 2012 | +1.3% | — | — | |
| Q2 2012 | +0.0% | — | — | |
| Q1 2012 | +1.0% | — | — | |
| Q4 2011 | +3.6% | — | — | |
| Q3 2011 | -9.4% | — | — | |
| Q2 2011 | +1.5% | — | — | |
| Q1 2011 | +1.7% | — | — | |
| Q4 2010 | +2.1% | — | — | |
| Q3 2010 | +1.8% | — | — | |
| Q2 2010 | -3.7% | — | — | |
| Q1 2010 | +1.8% | — | — |
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