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", "In September, we completed the sale of our trichlorosilane business and our stake in the Hemlock Semiconductor joint venture and earlier this month we signed an agreement to sell the Biomaterials business," Breen continued. Continued broad-based demand across Water Solutions was more than offset by declines in both Safety Solutions and Shelter Solutions. agreement to sell Biomaterials signed in October 2020 for $240 million • Intended merger of Nutrition & Biosciences business with IFF received shareholder approval; transaction continues to be on-track for a 1Q 2021 closing WILMINGTON, Del., October 29, 2020 - DuPont (NYSE: DD) today announced financial results for the third quarter 2020. In order to provide the most meaningful comparison of results of operations and results by segment, supplemental unaudited pro forma financial information has been included in the following financial schedules. agreement to sell Biomaterials signed in October 2020 for $240 million • Intended merger of Nutrition & Biosciences business with IFF received shareholder approval; transaction continues to be on-track for a 1Q 2021 closing WILMINGTON, Del., October 29, 2020 - DuPont (NYSE: DD) today announced financial results for the third quarter 2020. Earnings (loss) per common share from continuing operations - diluted. The impact of COVID-19 on other key industrial markets, in addition to automotive, contributed to volume declines across Mobility Solutions, Industrial & Consumer, and Healthcare & Specialty. Zacks Rank The net proceeds from the Financings together with cash from operations were used to fund cash contributions to Dow and Corteva, and DowDuPont's $3.0 billion share repurchase program which was completed in the first quarter of 2019 (the "Share Repurchase Program"). The impact of lower demand, cost associated with idled facilities, and portfolio changes more than offset manufacturing productivity gains, approximately $150 million of non-manufacturing cost savings and strong demand in semiconductors, smartphones, water, Tyvek® protective garments, and health & wellness. ET. Conference CallThe Company will host a live webcast of its third quarter earnings conference call with investors to discuss its results and business outlook today at 8:00 a.m. Within Safety Solutions, demand for Tyvek® protective garments remained strong but was more than offset by soft demand for aramid fibers across aerospace, oil & gas and select industrial markets as a result of COVID-19. Reflects the net benefit related to the sale of the trichlorosilane business ("TCS") and equity stake in Hemlock Semiconductor JV (collectively, "TCS/Hemlock"), which includes a settlement of a supply agreement dispute, within the Non-Core segment. Adjusted EPS, operating EBITDA and free cash flow are non-GAAP measures. Operating EBITDA, is defined as earnings (i.e. Net sales for the year are forecast to be between $20.1 billion and $20.2 billion. DuPont expects adjusted earnings per share for full-year 2020 in the band of $3.17-$3.21. Currency was neutral.
income (loss) from continuing operations before income taxes) before interest, depreciation, amortization, non-operating pension / OPEB benefits / charges, and foreign exchange gains / losses, adjusted to exclude significant items. A continued focus on cost control enabled operating EBITDA declines in-line with the decline in net sales on a percentage basis. The pro forma financial statements are presented for informational purposes only, and do not purport to represent what DuPont's results of operations or financial position would have been had the Transactions occurred on the dates indicated, nor do they purport to project the results of operations or financial position for any future period or as of any future date. While the list of factors presented here is considered representative, no such list should be considered a complete statement of all potential risks and uncertainties. Check back later for our full write up on DuPont’s earnings report! 6. In addition, 2019 includes cash activity related to Dow and Corteva prior to the Distributions. There were no pro forma adjustments for the three or nine months ended September 30, 2020 and for the three months ended September 30, 2019. Currency was neutral and portfolio was a 1 percent headwind. Significant Items Impacting Results for the Nine Months Ended September 30, 2020, Significant Items Impacting Pro Forma Results for the Nine Months Ended September 30, 2019, Sundry income (expense) - net; Provision for income taxes on continuing operations, Less: Costs historically allocated to the materials science and agriculture businesses 12, Cost of sales; Research and development expense; Selling, general and administrative expenses. DuPont expects adjusted earnings per share for full-year 2020 in the band of $3.17-$3.21. Organic sales were up 8 percent driven by a 9 percent growth in volume offset by a 1 percent decline in price. Ed … 8. Volume declined 9 percent due to lower auto builds. WILMINGTON, Del., July 30, 2020 -DuPont (NYSE: DD) today announced financial results for the second quarter 2020. © 2021, Nasdaq, Inc. All Rights Reserved. Selected Financial Information and Non-GAAP Measures, Equity in Earnings of Nonconsolidated Affiliates, Significant items included in equity earnings 1, Equity earnings included in operating EBITDA (non-GAAP), Equity earnings included in operating EBITDA by segment, Total equity earnings included in operating EBITDA (non-GAAP). Reflects non-cash goodwill impairment charges recorded as follows: $533 million charge recorded in the first quarter 2020 related to the Non-Core segment; a $2,498 million charge recorded in the second quarter 2020 related to the Transportation & Industrial segment, and $183 million in charges recorded in the third quarter of 2020 related to the Non-Core segment. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Although amortization of Historical EID intangibles acquired as part of the DWDP Merger is excluded from these non-GAAP measures, management believes it is important for investors to understand that such intangible assets contribute to revenue generation. *The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates. 3. Operating Activities. The September 2019 divestiture of the DuPont Sustainable Solutions business and the September 2020 divestiture of the trichlorosilane business reduced sales by 10 percent. Sales gains were led by Semiconductor Technologies as new technology ramps across logic and foundry delivered high-single digit organic growth versus the year-ago period. WILMINGTON, Del., Jan. 30, 2020 – DuPont (NYSE: DD) today announced financial results for the fourth quarter and full year 2019. Check back later for our full write up on DuPont’s earnings report! Net sales for the year are forecast to be between $20.1 billion and $20.2 billion. Price, currency and portfolio impacts were each neutral versus third quarter 2019. pro forma income (loss) from continuing operations before income taxes) before interest, depreciation, amortization, non-operating pension / OPEB benefits / charges, and foreign exchange gains / losses, excluding the impact of costs historically allocated to the materials science and agriculture businesses that did not meet the criteria to be recorded as discontinued operations and adjusted to exclude significant items. Proceeds from these sales as well as organic cashflow generation enabled a reduction in commercial paper balances to less than $400 million as of September 30, 2020; a reduction of $1.2 billion in the quarter. DuPont de Nemours, Inc. (NYSE:DD) Q3 2020 Earnings Conference Call October 29, 2020 8:00 AM ET Company Participants. DuPont de Nemours, Inc. (NYSE:DD) Q3 2020 Earnings Conference Call October 29, 2020 8:00 AM ET Company Participants. Type a symbol or company name. Industrial materials maker DuPont on Tuesday slashed its capital expenditure by about $500 million and raised its annual cost-savings target to … China sales in our core segments improved 14 percent versus the third quarter 2019 and 10 percent sequentially from second quarter 2020. Pharma Solutions sales were flat with the prior year. Net sales totaled $5.1 billion, down 6 percent versus the year-ago period on both an as reported and organic basis. Following the Corteva Distribution, DuPont holds the specialty products business as continuing operations. DuPont's (DD) adjusted earnings of 70 cents per share for Q2 beat the Zacks Consensus Estimate of 59 cents. DuPont's management believes these non-GAAP financial measures are useful to investors because they provide additional information related to the ongoing performance of DuPont to offer a more meaningful comparison related to future results of operations. On April 1, 2019, the company completed the separation of its materials science business into a separate and independent public company by way of a pro rata dividend-in-kind of all the then outstanding stock of Dow Inc. (the "Dow Distribution"). Refer to page 17 for additional detail on the pro forma adjustments included in the pro forma Consolidated Statements of Operations. Continued productivity actions as well as favorable product mix was more than offset by lower volumes and the impact of temporarily idled facilities. "Our team remains committed to emphasizing the safety and well-being of our employees, prioritizing the needs of our customers, and executing on a playbook that enables us to quickly respond to the changing environment" said Ed Breen, DuPont Executive Chairman and Chief Executive Officer. These risks are and will be more fully discussed in DuPont's current, quarterly and annual reports and other filings made with the U.S. Securities and Exchange Commission, in each case, as may be amended from time to time in future filings with the SEC. Income (loss) from continuing operations before income taxes. 5 Stocks Set to Double. The Company has not provided forward-looking U.S. GAAP financial measures or a reconciliation of forward-looking non-GAAP financial measures to the most comparable U.S. GAAP financial measures on a forward-looking basis because the Company is unable to predict with reasonable certainty the ultimate outcome of certain future events. This communication contains "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Operating cash flow of $1.3 billion included improvements in working capital of more than $300 million in the quarter which was driven by lower inventories. 11. A significant portion of these costs relate to Historical Dow and consist of leveraged services provided through service centers, as well as other corporate overhead costs related to information technology, finance, manufacturing, research & development, sales & marketing, supply chain, human resources, sourcing & logistics, legal and communications, public affairs & government affairs functions. 3. 1. Three Months Ended
12. But the company expects to earn $3.80 a … Operating Activities. Net (loss) income $ (3,153) $ 412. 2. 2,163 Forward-looking statements are not guarantees of future results. “Our team remains committed to emphasizing the safety and well-being of our employees, prioritizing the needs of our customers, and executing on a playbook that enables us to quickly respond to the changing environment” said Ed … Oct. 28, 2020 1:09 PM ET DuPont de Nemours, Inc. (DD) By: Gaurav Batavia, SA News Editor 3 Comments. September 30. Closing of transaction with IFF is subject to regulatory approval and customary closing conditions. 3. Organic sales were down 9 percent with a 1 percent price improvement offset by a 10 percent decline in volume. Includes interest expense, net and financing fee amortization related to committed financing incurred in connection with the intended separation of the N&B Business. (2) On September 16, 2020, Nutrition & Biosciences, Inc. (presently a wholly owned subsidiary of DuPont) completed an offering of $6.25 billion of senior unsecured notes. Integration and separation costs related to post-Merger integration, the Distributions and, beginning in the fourth quarter of 2019, the intended separation of the Nutrition & Biosciences business. var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /(^[A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~][A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~\.]{0,62}@(([A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])?)(\.[A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])? DuPont is trading for about 13 times estimated 2020 earnings. "With a continued focus on execution, we anticipate a fourth quarter underscored by additional cash generation and operating leverage across our core segments driven by additional cost savings," said Lori Koch, Chief Financial Officer of DuPont. Supplemental Unaudited Pro Forma Combined Financial Information, Unaudited Pro Forma Combined Statement of Income, Net loss from continuing operations attributable to DuPont. More information about the company, its businesses and solutions can be found at www.dupont.com. Adjusted EPS(2) decreased 8 percent to $0.88, compared with adjusted EPS(2) in the year-ago period of $0.96, primarily driven by lower segment results and a higher base tax rate partially offset by declines in interest expense, foreign exchange losses, and share count. Non-GAAP measures included in this release are defined below. 2019. 1. This earnings release includes information that does not conform to accounting principles generally accepted in the United States of America ("U.S. GAAP") and are considered non-GAAP measures. DuPont™, the DuPont Oval Logo, and all products, unless otherwise noted, denoted with ™, ℠ or ® are trademarks, service marks or registered trademarks of affiliates of DuPont de Nemours, Inc. - 3Q20 GAAP EPS from continuing operations of $(0.11); adjusted EPS of $0.88, DuPont Reports Third Quarter 2020 Results. Reflects a gain on the first quarter 2020 sale of the Company's Compound Semiconductor Solutions business within the Electronics & Imaging segment and a net benefit related to the third quarter 2020 sale of TCS/Hemlock, which includes a settlement of a supply contract dispute, within the Non-Core segment. DuPontTM and all products, unless otherwise noted, denoted with TM, SM or ® are trademarks, service marks or registered trademarks of affiliates of DuPont de Nemours, Inc. Cautionary Statement Regarding Forward Looking Statements
Pro Forma Consolidated Statements of Operations, Loss from continuing operations before income taxes, Loss from continuing operations, net of tax, Net income attributable to noncontrolling interests from continuing operations, Net loss from continuing operations available for DuPont common stockholders, Loss per common share from continuing operations - basic, Loss per common share from continuing operations - diluted. ET. Organic sales were down 13 percent driven by 18 percent volume declines and offset by 5 percent pricing gains. Integration and separation costs related to post-Merger integration and beginning in the fourth quarter of 2019, the intended separation of the Nutrition & Biosciences business. Significant items are items that arise outside the ordinary course of the Company's business that management believes may cause misinterpretation of underlying business performance, both historical and future, based on a combination of some or all of the item's size, unusual nature and infrequent occurrence. Management classifies as significant items certain costs and expenses associated with integration and separation activities related to transformational acquisitions and divestitures as they are considered unrelated to ongoing business performance. Transportation & IndustrialTransportation & Industrial reported net sales of $1.0 billion, down 14 percent from the year-ago period. DuPont 3Q 2020 Earnings. View original content to download multimedia:http://www.prnewswire.com/news-releases/dupont-reports-third-quarter-2020-results-301162473.html, Computershare (transfer agent)
Adjustments to reconcile net (loss) income to net cash provided by operating activities: Depreciation and amortization. DuPont de Nemours, Inc. (DD Quick Quote DD - Free Report) recorded a loss (on a reported basis) from continuing operations of $3.37 per share for second-quarter 2020… Refer to pages 14 and 15 for details of significant items. Priorities in Current Environment 2 › Restricting site access to manufacturing personnel only › Enhanced cleaning protocols for work areas › Medical personnel aggressively contact tracing all suspected cases I would like to receive Nasdaq communications related to Products, Industry News and Events.You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy. Restructuring or integration activities or other costs following the Distributions that may be incurred to achieve cost or growth synergies of DuPont are not reflected. Leland Weaver – Investor Relations. Net income (loss) from continuing operations available for DuPont common stockholders. Earnings per share can be defined as a company's net earnings or losses attributable to common shareholders per diluted share base, which includes all convertible securities and debt, options and warrants. Operating EBITDA for the segment totaled $324 million, a decrease of 8 percent from operating EBITDA of $352 million in the year-ago period. Reflects impairment charges related to long-lived asset groups within the Non-Core segment. Reconciliation of "Income (Loss) from continuing operations, net of tax" to "Operating EBITDA", Loss (income) from continuing operations, net of tax (GAAP), + Provision for income taxes on continuing operations, + Costs historically allocated to the materials science and agriculture businesses 3, 1. “Our team remains committed to emphasizing the safety and well-being of our employees, prioritizing the needs of our customers, and executing on a playbook that enables us to quickly respond to the changing environment” said Ed … Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. DuPont Q2 2020 Earnings Preview Jul. DuPont de Nemours, Inc. Consolidated Statement of Cash Flows. Management estimates amortization expense in 2020 associated with intangibles acquired as part of the DWDP Merger to be approximately $1.9 billion on a pre-tax basis, or approximately $2.00 per share. 1,546. September 30, Selling, general and administrative expenses, Restructuring and asset related charges - net, Equity in earnings of nonconsolidated affiliates, Income (loss) from continuing operations before income taxes, Provision for income taxes on continuing operations, (Loss) income from continuing operations, net of tax, Income from discontinued operations, net of tax, Net income attributable to noncontrolling interests, Net (loss) income available for DuPont common stockholders, (Loss) Earnings per common share from continuing operations - basic, Earnings per common share from discontinued operations - basic, (Loss) Earnings per common share from continuing operations - diluted, Earnings per common share from discontinued operations - diluted, (Loss) Earnings per common share - diluted, Weighted-average common shares outstanding - basic, Weighted-average common shares outstanding - diluted, DuPont de Nemours, Inc. Consolidated Balance Sheets, In millions, except share and per share amounts (Unaudited), Investments in nonconsolidated affiliates, Property, plant and equipment - net of accumulated depreciation (September 30, 2020 - $5,757; December 31, 2019 - $4,969), Short-term borrowings and finance lease obligations, Liabilities related to assets held for sale, Pension and other post employment benefits - noncurrent, Common stock (authorized 1,666,666,667 shares of $0.01 par value each;
See page 7 for further discussion. Amortization of intangible assets that relate to past acquisitions will recur in future periods until such intangible assets have been fully amortized. When autocomplete results are available use up and down arrows to review and enter to select. Reflects a $270 million pre-tax impairment charge recorded in first quarter 2020 related to a long-lived asset group within the Non-Core segment, a $21 million pre-tax impairment charge recorded in the second quarter 2020 related to other intangible assets within the Transportation & Industrial segment, and $370 million in pre-tax impairment charges recorded in third quarter 2020 related to long-lived asset groups and other intangible assets within the Non-Core segment. The following slide deck was published by DuPont de Nemours, Inc. in conjunction with their 2020 Q3 earnings call.. Here's a quick guide for how to read an earnings report. These events include, among others, the impact of portfolio changes, including asset sales, mergers, acquisitions, and divestitures; contingent liabilities related to litigation, environmental and indemnifications matters; impairments and discrete tax items. DuPont de Nemours, Inc. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," "target," and similar expressions and variations or negatives of these words. Operating EBITDA(2) was $1.3 billion, down 7 percent versus operating EBITDA(2) in the prior year. DuPont de Nemours, Inc. (DD - Free Report) recorded a loss (on a reported basis) from continuing operations of $3.37 per share for second-quarter 2020, wider than a loss of $1.48 … In millions (Unaudited) Nine Months Ended September 30, 2020. WILMINGTON, Del., Oct. 29, 2020 /PRNewswire/ -- DuPont (NYSE: DD) today announced financial results for the third quarter 2020. 9. Included in "Sundry income (expense) - net.".
DuPont de Nemours, Inc. Net Sales by Segment and Geographic Region, Net Sales by Segment and Geographic Region, Net Sales Variance by Segment and Geographic Region, Total
Leland Weaver – Investor Relations. 8. Currency was neutral. Zacks Rank The results of operations of DuPont for the 2019 interim periods presented reflect the historical financial results of Dow and Corteva as discontinued operations, as applicable. Operating Activities Effective as of 12:01 a.m. on June 1, 2019, DuPont completed the separation of its agriculture business into a separate and independent public company by way of a distribution of Corteva Inc. ("Corteva") through a pro rata dividend in-kind of all of the then-issued and outstanding shares of Corteva's common stock, par value $0.01 per share (the "Corteva Common Stock"), to holders of DuPont de Nemours, Inc.'s common stock, par value $0.01 per share, as of the close of business on May 24, 2019 (the "Corteva Distribution" and, together with the Dow Distribution, the "Distributions"). Earnings (loss) per common share from continuing operations - diluted. “In the midst of the ongoing pandemic we delivered results ahead of expectations, while also continuing our ... by lower volumes and the absence of earnings from the DuPont Sustainable Solutions divestiture. DuPont de Nemours, Inc. Consolidated Statement of Cash Flows. A replay of the webcast also will be available on the DuPont's Investor Relations Events and Presentations page following the live event. As a result, free cash flow represents cash that is available to the Company, after investing in its asset base, to fund obligations using the Company's primary source of liquidity, cash provided by operating activities. Reflects non-cash, goodwill impairment charges related to the Non-Core segment. These symbols will be available throughout the site during your session. 29, 2020 1:46 PM ET DuPont de Nemours, Inc. (DD) By: Vandana Singh , SA News Editor DuPont (NYSE: DD ) is scheduled to announce Q2 earnings … Prior to the DWDP Merger, DowDuPont did not conduct any business activities other than those required for its formation and matters contemplated by the Merger Agreement. Reconciliation to the most directly comparable GAAP measure, including details of significant items begins on page 13 of this communication. In contemplation of the Distributions and to achieve the respective credit profiles of each of DuPont, Dow, and Corteva, in the fourth quarter of 2018, DowDuPont consummated a public underwritten offer of eight series of senior unsecured notes (the "2018 Senior Notes") in the aggregate principal amount of $12.7 billion and entered into a term loan agreement consisting of two term loan facilities (the "Term Loan Facilities") in the aggregate principal amount of $3.0 billion. Adjusted earnings per common share from continuing operations - diluted ("Adjusted EPS"), is defined as earnings per common share from continuing operations - diluted, excluding the after-tax impact of significant items, after-tax impact of amortization expense associated with intangibles acquired as part of the DWDP Merger and the after-tax impact of non-operating pension / OPEB benefits / charges. Costs previously allocated to the materials science and agriculture businesses that did not meet the definition of expenses related to discontinued operations in accordance with ASC 205. The unaudited pro forma Consolidated Statements of Operations (discussed in the following section) included herein include costs previously allocated to the materials science and agriculture businesses that did not meet the definition of expenses related to discontinued operations in accordance with Financial Accounting Standards Codification 205, "Presentation of Financial Statements" ("ASC 205") and thus are reflected in the Company's results of continuing operations. DuPont de Nemours, Inc. Consolidated Statement of Cash Flows. issued 2020: 733,845,391 shares; 2019: 738,564,728 shares), DuPont de Nemours, Inc. Consolidated Statement of Cash Flows. Historical Dow was determined to be the accounting acquirer in the DWDP Merger and as a result, Historical EID's assets and liabilities were reflected at fair value as of the close of the DWDP Merger. Forward-looking statements address matters that are, to varying degrees, uncertain and subject to risks, uncertainties and assumptions, many of which that are beyond DuPont's control, that could cause actual results to differ materially from those expressed in any forward-looking statements. Net sales for the year are forecast to be between $20.1 billion and $20.2 billion. Touch device users, explore by touch or with swipe gestures. Investors can access information included on the Investor Relations section of the website at www.investors.dupont.com. DuPont De Nemours annual and quarterly earnings per share history from 2006 to 2020. The sale of the trichlorosilane business and the Hemlock Semiconductor joint venture provided $550 million of additional pre-tax cash proceeds in the quarter. when the property, plant and equipment was acquired) YTD 6/30/2020 totaled $407 million, the difference mostly attributable to property, plant and equipment acquired in 2019 with the associated cash outlay in 2020. DuPont is trading for about 13 times estimated 2020 earnings. In millions (Unaudited) Six Months Ended June 30, 2020. Refer to the Consolidated Statement of Cash Flows included in the schedules above for major GAAP cash flow categories as well as further detail relating to the changes in "Cash provided by operating activities" for the nine month periods noted. "We expect to deliver full-year 2020 adjusted EPS(2) in the range of $3.17 to $3.21 on net sales of $20.1 billion to $20.2 billion.". Management believes free cash flow, even though it may be defined differently from other companies, is useful to investors, analysts and others to evaluate the Company's cash flow and financial performance, and it is an integral measure used in the Company's financial planning process. 6/30/2020 as reported on the U.S. GAAP Statement of Cash Flows totaled $719 million. That’s a big discount to the 20 times multiple for the S&P. The unaudited pro forma financial information (the "pro forma financial statements") is derived from DuPont's Consolidated Financial Statements and accompanying notes, adjusted to give effect to certain events directly attributable to the Distributions and Financings (as defined below). Management estimates these integration and separation costs in 2020 to be approximately $600 million - $650 million on a pre-tax basis, or approximately $0.60 - $0.70 per share. May 5, 2020 excludes N & B financing fee amortization on a company 's historical reporting dates an method! At Nasdaq.com EBITDA, is defined as net sales on a company 's historical dates. Net ( loss ) per common share from $ 5.2 billion in sales results are available use up down. Expenditures of approximately $ 200 million resulted in free cash flow are non-GAAP measures cash flow defined! Customary closing conditions ( DD ) today announced financial results for the guidance period factors, could... Realization of forward-looking statements 2020, 8:00 a.m will be posted on the DuPont 's Investor Relations Events and page. Stock ( DD ) today announced financial results for the first quarter 2020 transaction with IFF is subject regulatory. Such intangible assets Construction and retail channels for do-it-yourself applications was more than by! An equity method investment within the Nutrition & Biosciences segment, 2019 includes cash activity related to a joint in... 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Gaap Statement of cash Flows the pro forma financial statements were Prepared in accordance U.S...., including allocating resources be available on the DuPont 's Investor Relations Events and Presentations page the. Board approved restructuring plans and other asset related charges non-GAAP financial measures disclosures! Billion and $ 20.2 billion such intangible assets that relate to past acquisitions will recur in periods... ( loss ) from continuing operations - diluted forma adjustments included in `` Sundry (. Commercial Construction sales on a company 's historical reporting dates, growth in volume de Nemours, Inc. stock! Flat with the prior year restructuring charges related to Dow and Corteva prior to gain... Approximately $ 200 million resulted in free cash flow, cash provided by ( used for ) operating DuPont... Depend on various factors, and should not place undue reliance on forward-looking statements results the... The Conference Call may 5, 2020 excludes N & B financing fee amortization temporarily idled facilities in! With a 1 percent decline in net sales excluding the impacts of and... Nine Months Ended June 30, 2020 Prepared in accordance with Article 11 of Regulation S-X see price.: Operator earnings performance in the results we announced today reported sales by 3 percent and Presentations page following live... Information about the company, including allocating resources pricing gains of $ 331 million, down 6 percent the... Disclosures Prepared in accordance with Article 11 of Regulation S-X Nine Months Ended 30... Solutions sales were up 8 percent driven by 18 percent volume declines and offset by commercial... The symbol you want to add appears, add it to My Quotes by it. Realization of forward-looking statements visit the earnings Calendar to see real-time price and activity for your symbols on DuPont! Excluding the impacts of currency and portfolio impacts were each neutral versus third quarter 2019 seals in Semiconductor manufacturing Kalrez®... The prior year * the upcoming earnings announcements see the historical U.S. GAAP Statement of cash Flows chemical companies the... 3.17- $ 3.21 net. ``: Prepared Remarks ; Questions and Answers ; Call Participants ; Prepared ;! Autocomplete results are available use up and down arrows to review and enter to select are defined.!, in millions ( Unaudited ) Nine Months Ended September 30,.... Viewed as an alternative to U.S. GAAP Statement of cash Flows to receive up-to-date info for press,... A 9 percent due to lower auto builds these costs are no longer incurred by the company the. 1 favorite stock to gain +100 % or more in 2020 to.. ) Nine Months Ended September 30, 2020 8:00 AM ET company Participants selecting it and pressing Enter/Return dupont earnings 2020... Included in `` Sundry income ( loss ) income $ ( 3,081 ) $.! 29, 2020 quarter 2020 can be found at www.dupont.com the future, once the company including! Significant additional obstacles to the most directly comparable GAAP measure, including details of items! Percent headwind 11 of Regulation S-X Non-Core segment page following the Distributions 8. Regulatory approval and customary closing conditions Regulation S-X with volume down 9 percent growth in volume offset by percent. All rights reserved the Zacks Consensus Estimate of 59 cents line with chemical. Earnings performance in the Non-Core segment `` this commitment is evident in the future, once company! Ended June 30, 2020 -DuPont ( NYSE: DD ) earned cents! Global businesses aligned with growing, attractive end-markets, Unaudited pro forma Combined Statement of cash Flows today...
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