DuPont reports Profit decline in Q2 2024 financial results
DuPont's Operating EBITDA Increases by 8% in Q2 2024
DuPont [DD] reported a profit of $176 million for the second quarter ended June 30, 2024. This represents a decrease from the profit of $269 million in the previous quarter.
The company, headquartered in Wilmington, Delaware, reported to SEC in an 8-K filing $0.40 earnings per share in the quarter, compared to $0.55 in the previous quarter.
DuPont, a leader in the Materials industry sector, reported a revenue of $3.2 billion in the current period. This marks a 2% increase from the revenue in the previous period.
In comparison to the same quarter in the previous year, DuPont experienced a 2% increase in revenue. Additionally, the company reported a 35% decrease in profit for the current quarter compared to the same quarter of the previous year.
