DuPont sees Q2 adjusted EPS 84c, consensus 65c

Sees Q2 revenue $3.03B, consensus $2.81B. Sees Q2 operating EBITDA $710M. The company said, “For the second quarter of 2024, we expect sequential sales and earnings improvement driven by favorable seasonality, continued electronics recovery, and reduced channel inventory destocking in industrial-based end-markets including water and medical packaging” Koch continued. “Year-over-year sales and earnings growth assumed in the second half of 2024 is expected to be driven by further electronics market recovery and a return to volume growth in W&P.”