DuPont (DD) Tops Q4 EPS by 11c
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DuPont Reports Fourth Quarter and Full Year 2022 Results
February 7, 2023 6:00 AM ESTAnnounces First Quarter 2023 Dividend Increase of 9 Percent
Fourth Quarter 2022 Highlights
4Q Net Sales of $3.1 billion decreased 4%; organic sales increased 5% versus year-ago period4Q GAAP Income from continuing operations of $105 million; operating EBITDA of $758 million4Q GAAP EPS from continuing operations of $0.20; adjusted EPS of $0.89Launched $3.25 billion accelerated share repurchase program and retired $2.5 billion of long-term debt due in 2023 using proceeds from the M&M Divestiture completed on November 1Full Year 2022 Highlights
Full year 2022 Net Sales of $13.0 billion increased 4%; organic sales increased 8%... More