DuPont (DD) Tops Q1 EPS by 14c, Beats on Revenue; Offers FY24 Guidance
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DuPont Reports First Quarter 2024 Results
May 1, 2024 6:00 AM EDTNet Sales of $2.9 billion decreased 3%; organic sales decreased 6% versus year-ago periodGAAP Income from continuing operations of $183 million; operating EBITDA of $682 millionGAAP EPS from continuing operations of $0.41; adjusted EPS of $0.79Cash provided by operating activities from continuing operations of $493 million; adjusted free cash flow of $286 million$500 million accelerated share repurchase (ASR) transaction launched in February was completed in AprilRaises full year 2024 guidance for net sales, operating EBITDA and adjusted EPS
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