DuPont (DD) Tops Q3 EPS by 2c, Offers Guidance, Raises Buyback Plan
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DuPont Reports Third Quarter 2022 Results
November 8, 2022 6:00 AM ESTAnnounces Approval of $5.0 Billion Share Repurchase Authorization
Third Quarter 2022 Highlights
3Q Net Sales of $3.3 billion increased 4%; organic sales increased 11% versus year-ago period3Q GAAP Income from continuing operations of $359 million; operating EBITDA of $856 million increased 5% versus year-ago periodOperating EBITDA margin increased 30 basis points year-over-year3Q GAAP EPS from continuing operations of $0.69; adjusted EPS of $0.82 increased 4% versus year-ago period; higher tax rate was a $0.05 headwind versus previously issued guidance~$415 million of capital returned to shareholders through share repurchases and dividendsTransaction and Capital Allocation... More
