DuPont falls on downbeat Q4 estimates

DuPont de Nemours

06/11/2025 11:46

** Shares of industrial materials maker DuPont DD.N fall 8.5% to $36.26 premarket

** Co forecasts downbeat Q4 adjusted EPS reflecting planned spinoff of its Qnity electronics unit and Aramids business divestiture

** Now expects Q4 adjusted profit of 43 cents per share, slightly below expectation of 45 cents - data compiled by LSEG

** Expects full-year adjusted profit of about $$1.66 per share vs analysts' avg. estimate of $2.67 per share

** However, posts adjusted Q3 profit of $1.09 per share vs analysts' average estimates of $1.06 per share

** Announces new share repurchase authorization of up to $2 billion of its common stock and expects to launch a $500 million accelerated share repurchase imminently

** Net sales in industrials segment rise 4.8% to $1.8 billion in reported quarter, while the electronics segment sees 11.2% increase to $1.28 billion

** Up to last close, stock up 24.2% YTD

 (Reporting by Pranav Mathur in Bengaluru)

 ((Pranav.Mathur@thomsonreuters.com;))