5 Stocks On Investors’ Radar After Earnings Reports

In this article, we discuss the 5 stocks on investors’ radar after earnings reports. If you want to read our detailed analysis of these companies, go directly to the 10 Stocks On Investors’ Radar After Earnings Reports. 

5. DuPont de Nemours, Inc. (NYSE:DD)

Number of Hedge Fund Holders: 51

Shares of DuPont de Nemours, Inc. (NYSE:DD) rose over six percent on Tuesday, February 8, 2022, after delivering impressive profit and sales for the fourth quarter. The company reported adjusted earnings of $1.08 per share, up 54 percent versus last year.

Revenue for the quarter also surged 14 percent on a year-over-year basis to $4.3 billion. Analysts were expecting DuPont de Nemours, Inc. (NYSE:DD) to post earnings of 99 cents per share on revenue of $4.03 billion.

DuPont de Nemours, Inc. (NYSE:DD) also released its segment-wise sales performance. Its electronics and industrial revenue jumped 19 percent to $1.5 billion, water and protection revenue advanced 16 percent to $1.4 billion and mobility and materials revenue increased 12 percent to $1.3 billion in the quarter.

Looking forward, DuPont de Nemours, Inc. (NYSE:DD) expects adjusted earnings in the range of $4.60 – $4.90 per share and revenue between $17.4 – $17.8 billion for the current fiscal year.

Discussing the results, CEO Ed Breen said in a statement:

“Sustained strong demand in key end-markets such as electronics and water, along with our continued ability to offset raw material inflation with price, were critical to our fourth quarter results.”