DuPont Q4 2021 Earnings Report
Key Takeaways
DuPont reported a 14% increase in net sales to $4.3 billion and a 13% increase in organic sales versus the year-ago period. GAAP EPS from continuing operations was $0.47, while adjusted EPS was $1.08. The company issued 2022 guidance with adjusted EPS expected to be in the range of $4.60 to $4.90 per share.
Net sales increased by 14% and organic sales increased by 13% compared to the year-ago period.
GAAP EPS from continuing operations was $0.47, and adjusted EPS was $1.08.
Operating EBITDA was $973 million, up 5% versus the year-ago period.
The company announced a 10% increase to its first quarter regular dividend and a board approval of a $1.0 billion share buyback program.
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DuPont Revenue by Segment
DuPont Revenue by Geographic Location
Forward Guidance
For 2022, DuPont expects net sales between $17.4 and $17.8 billion and operating EBITDA between $4.3 and $4.5 billion. Full year adjusted EPS is expected to be in the range of $4.60 to $4.90 per share.
Positive Outlook
- Net sales between $17.4 and $17.8 billion expected.
- Operating EBITDA between $4.3 and $4.5 billion expected.
- Adjusted EPS expected to be in the range of $4.60 to $4.90 per share.
- Top-line volume growth is expected.
- Pricing gains are expected.
Challenges Ahead
- Raw material cost increases are expected.
- Logistics costs increases are expected.
- Consumer demand remains strong.
- Raw material cost inflation is expected to continue to impact margins.
- Logistics cost inflation is expected to continue to impact margins.
Revenue & Expenses
Visualization of income flow from segment revenue to net income