DuPont (DD) issued preliminary financial results for the fourth quarter and full year ended December 31, 2023. The company noted that, based on a preliminary analysis, it expects to record a non-cash goodwill impairment charge in the range of $750 million to $850 million which is included in the preliminary fourth quarter and full year 2023 GAAP ranges.
Fourth quarter GAAP loss per share from continuing operations is projected in a range of $0.88 - $0.52; adjusted EPS in a range of $0.85 - $0.87; and net sales of approximately $2.90 billion. Analysts polled by Thomson Reuters expect the company to report profit per share of $0.85 on revenue of $3 billion. Analysts' estimates typically exclude special items.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.