On Tuesday, August 03, DuPont de Nemours DD will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
What Are Earnings, Net Income, And Earnings Per Share?
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Analysts expect DuPont de Nemours earnings of $0.95 per share. Revenue will likely be around $4.00 billion, according to the consensus estimate. In the same quarter last year, DuPont de Nemours reported earnings per share of $0.7 on revenue of $4.83 billion.
Why Analyst Estimates And Earnings Surprises Are Important
Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.
The Wall Street consensus estimate for earnings would represent a 35.71% increase for the company. Sales would be down 17.15% on a year-over-year basis. DuPont de Nemours's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
---|---|---|---|---|
EPS Estimate | 0.76 | 0.89 | 0.75 | 0.59 |
EPS Actual | 0.91 | 0.95 | 0.88 | 0.70 |
Revenue Estimate | 3.85 B | 5.23 B | 5.00 B | 4.70 B |
Revenue Actual | 3.98 B | 5.25 B | 5.10 B | 4.83 B |
Want Real-Time Earnings Calendar Updates?
Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.
Stock Performance
Over the last 52-week period, shares of DuPont de Nemours are up 42.72%.
Do not be surprised to see the stock move on comments made during its conference call. DuPont de Nemours is scheduled to hold the call at 08:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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