DuPont (NYSE:DD) reported third-quarter 2025 results on Thursday that came in below Wall Street expectations, even as the company raised its full-year earnings outlook thanks to solid operational performance and strong cash generation.
Adjusted earnings per share came in at $1.09, missing analyst estimates of $1.16, while net sales rose 7% year-over-year to $3.1 billion. Shares of the chemical manufacturer slipped 0.83% following the announcement.
GAAP income from continuing operations totaled $308 million, or $0.70 per share, down 32% from the same period a year ago. However, operating EBITDA rose 6% to $840 million, reflecting steady growth across key end markets. Revenue of $3.1 billion missed the consensus estimate of $3.31 billion, but organic sales advanced 6%, signaling underlying demand strength.
DuPont’s ElectronicsCo segment led the gains with 11% sales growth, while IndustrialsCo posted a 5% increase. The company also delivered robust free cash flow, reporting $576 million in transaction-adjusted free cash flow and a 126% conversion rate.
“We exceeded our previously announced third quarter guidance, delivering another quarter of year-over-year growth in organic sales and operating EBITDA,” said Lori Koch, DuPont Chief Executive Officer. “Ongoing strength in electronics, healthcare and water end-markets, along with our team’s focus on operational execution continued to drive strong top-line growth and cash conversion.”
Despite the earnings miss, DuPont raised its full-year 2025 operating EBITDA guidance to approximately $1.6 billion, up from its previous forecast of $1.575 billion. Its full-year EPS guidance of $1.66, however, remains below the analyst consensus of $2.19.
The board of directors approved a $2 billion share repurchase program, including plans to launch a $500 million accelerated buyback. DuPont also declared a quarterly dividend of $0.20 per share, payable December 15, 2025, to shareholders of record on November 28, 2025.
The company recently completed the spin-off of its Electronics business into an independent public company, Qnity Electronics, on November 1, 2025, and continues to advance the $1.2 billion sale of its aramids business, expected to close in the first quarter of 2026.