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Jun 30, 2021
DuPont Q2 2021 Earnings Report
DuPont's second quarter results exceeded expectations, driven by positive momentum in key end-markets and strategic portfolio shifts.
Key Takeaways
DuPont reported strong second-quarter results with net sales of $4.1 billion, up 26% year-over-year, and organic sales up 23%. GAAP EPS was $1.04, and adjusted EPS was $1.06. The company raised its full-year guidance for net sales, operating EBITDA, and adjusted EPS.
Net sales increased by 26% year-over-year to $4.1 billion, with organic sales up 23%.
GAAP EPS from continuing operations was $1.04, while adjusted EPS reached $1.06.
Operating EBITDA rose by 53% compared to the previous year, reaching $1.06 billion.
Approximately $800 million of capital was returned to shareholders through share repurchases and dividends.
DuPont
DuPont
DuPont Revenue by Segment
DuPont Revenue by Geographic Location
Revenue by Segment
ElectronicsCo Revenue
CapyFin.comRevenue by Geographic Location
U.S. & Canada Revenue
CapyFin.comEMEA Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.comLatin America Revenue
CapyFin.com Forward Guidance
The Company estimates third quarter 2021 net sales to be between $4.18 billion and $4.23 billion, operating EBITDA between $1.06 billion and $1.08 billion and adjusted EPS on the new basis between $1.11 and $1.13 per share. For full year 2021, we now estimate net sales to be between $16.45 billion and $16.55 billion and operating EBITDA between $4.21 billion and $4.26 billion. Our outlook for full year adjusted EPS on the new basis is now in the range of $4.24 to $4.30 per share, and includes a full year benefit estimated at $0.27 per share related to the amortization reporting change.
Positive Outlook
- Net sales between $4.18 billion and $4.23 billion for Q3 2021
- Operating EBITDA between $1.06 billion and $1.08 billion for Q3 2021
- Adjusted EPS between $1.11 and $1.13 for Q3 2021
- Net sales between $16.45 billion and $16.55 billion for full year 2021
- Operating EBITDA between $4.21 billion and $4.26 billion for full year 2021