NYSE$DD

DuPont de Nemours Inc. · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

DuPont's second quarter results exceeded expectations, driven by positive momentum in key end-markets and strategic portfolio shifts.

DuPont reported strong second-quarter results with net sales of $4.1 billion, up 26% year-over-year, and organic sales up 23%. GAAP EPS was $1.04, and adjusted EPS was $1.06. The company raised its full-year guidance for net sales, operating EBITDA, and adjusted EPS.

  • Net sales increased by 26% year-over-year to $4.1 billion, with organic sales up 23%.
  • GAAP EPS from continuing operations was $1.04, while adjusted EPS reached $1.06.
  • Operating EBITDA rose by 53% compared to the previous year, reaching $1.06 billion.
  • Approximately $800 million of capital was returned to shareholders through share repurchases and dividends.

Headline financials

Total Revenue

$4.14B

Previous: $4.83B-14.4%
EPS (adj)

$1.06

Previous: $0.70+51.4%
Operating EBITDA

$1.06B

Previous: $1.1B-3.6%
EBITDA margin

4.6%

No prior period
Transaction-adjusted FCF

$224M

Previous: $564M-60.3%
Free Cash Flow

$478M

Previous: -$2.48B+119.3%
Net Income

$478M

Previous: -$2.48B+119.3%
Operating Income

-$3.16B

Previous: $436M-825.0%
Gross Profit

$1.48B

Previous: $1.54B-3.7%
Cash & Equivalents

$3.96B

Previous: $3.74B+6.0%
Total Assets

$45.8B

Previous: $66.8B-31.3%

Revenue & EPS history

DuPont · Revenue · Quarterly

$4.14B

Q2 2021-14.4%vs Q2 2020
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

The Company estimates third quarter 2021 net sales to be between $4.18 billion and $4.23 billion, operating EBITDA between $1.06 billion and $1.08 billion and adjusted EPS on the new basis between $1.11 and $1.13 per share. For full year 2021, we now estimate net sales to be between $16.45 billion and $16.55 billion and operating EBITDA between $4.21 billion and $4.26 billion. Our outlook for full year adjusted EPS on the new basis is now in the range of $4.24 to $4.30 per share, and includes a full year benefit estimated at $0.27 per share related to the amortization reporting change.

Tailwinds

  • Net sales between $4.18 billion and $4.23 billion for Q3 2021
  • Operating EBITDA between $1.06 billion and $1.08 billion for Q3 2021
  • Adjusted EPS between $1.11 and $1.13 for Q3 2021
  • Net sales between $16.45 billion and $16.55 billion for full year 2021
  • Operating EBITDA between $4.21 billion and $4.26 billion for full year 2021

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 2021

Historical avgQ2 2021

+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

Earnings price reactions
QuarterReport dateReaction (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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro