DuPont reports results on Tuesday 3 November, before the market opens, with the analysts' average EPS estimate for the quarter at $1.88. Revenue over the twelve months to Q2 2026 was $7.0 billion, up 3.3% on the year before, and that growth rate was up 0.5 percentage points on the rate a quarter earlier. The report will test whether that pick-up continues.
Source: reported quarterly EPS and aggregated third-party estimates. Historical surprises are context, not a forecast.
View chart data
| Period | Reported EPS | Analysts' estimate |
|---|---|---|
| Sep '25 | $3.27 | $2.94 |
| Dec '25 | $1.38 | $1.29 |
| Mar '26 | $1.65 | $1.45 |
| Jun '26 | $1.88 | $1.76 |
What analysts expect from DuPont
The analysts' average EPS estimate for the quarter is $1.88, in a range from $1.85 to $2.01. The average revenue estimate is $1.8 billion. For the full year, the analysts' average EPS estimate is $7.26, up 44.0% on last year based on 17 analysts. That estimate has risen 1.4% over the past 90 days. Of the analysts' recommendations, 14 are positive, 4 neutral and 0 negative.
Company guidance
In its latest earnings release, management set 2H'26E Adjusted EPS guidance at $3.65 to $3.80 and full-year 2026E Adjusted EPS guidance at $7.17 to $7.32. The full-year 2026 adjusted EPS guidance was set at $7.24. Net sales guidance for 2H'26 was $3.7 billion to $3.7 billion.
Earnings surprise model
Our model estimates EPS could land above the analysts' average estimate by 4.5%. The estimated chance of an EPS beat is 75.0%, based on the last 4 quarters. The model shrinks the median recent surprise toward zero and uses a neutral prior for beat frequency; this small sample is a reference estimate, not company guidance.
DuPont's record against estimates
The company reported EPS above the analysts' average estimate in 4 of the last 4 quarters. Last quarter, EPS of $1.88 compared with an estimate of $1.76, above it by 6.8%.
Profit is outgrowing sales
Revenue growth is accelerating. The twelve-month rate of 3.3% is up 0.5 percentage points on the rate a quarter earlier, and it sits above 76% of the company's own past readings, which have ranged from −79.8% to 176.7%. Net income over the twelve months was $55.0 million, up 93.4% on the year before, against a trailing net margin of 0.8% and a trailing gross margin of 35.1%. A 93.4% rise on a 0.8% margin means the profit growth came from a small starting point.
Cash flow shows the largest improvement. Operating cash flow over the twelve months was $1.0 billion, up 104.9% on the year before. Capital spending was $339.0 million, or 4.9% of revenue. Free cash flow was $702.0 million, up 169.8% on the year before, giving a free-cash-flow margin of 10.0%, up 13.8 percentage points from a year earlier. That margin is higher than 73% of the company's own past quarterly readings, which have ranged from −22.4% to 24.8%. The average diluted share count fell 0.9% over the year.
Questions this report will answer
The quarter will show whether the pick-up in revenue growth continues, whether results land above or below the analysts' expectations set out above, and whether margins hold at the trailing levels reported.
The value hinges on margins more than growth
Five percentage points lower growth would lower the value by 29.3%, and five percentage points higher would raise it by 38.5%. A free-cash-flow margin one percentage point lower would lower it by 11.6%.
