DuPont Offers Updates on Separation Plans and Reaffirms Guidance

DuPont de Nemours, Inc. DD has announced the acceleration of the separation of its Electronics business, with an expected completion date of Nov. 1, 2025. This decision reflects Electronics' scale and importance in the overall shareholder value creation opportunity and DuPont's intention to finalize the separation as early as possible.In addition, DuPont no longer plans to separate its Water business. The company analyzed all strategic alternatives and concluded that keeping the Water business in the DuPont portfolio is the best way to generate value. This also strengthens DuPont's ability to continue optimizing its portfolio after the Electronics separation.The decision to retain the Water business provides the organization with greater strategic flexibility over time and makes it another high-growth business in addition to Healthcare. Management is confident in Water's prospects and expects the business to perform strongly in 2025.DD also reaffirmed its fourth-quarter and full-year 2024 guidance for net sales, operating EBITDA and adjusted earnings per share as provided on Nov. 5, 2024, including the expected improved performance in the Water business.DuPont’s shares have jumped 4.6% in a year versus a 4.6% decline in the industry.Image Source: Zacks Investment ResearchDD’s Zacks Rank & Key PicksDD currently carries a Zacks Rank #3 (Hold).Better-ranked stocks in the basic materials space include Carpenter Technology Corporation CRS, Sylvamo Corporation SLVM and ICL Group Ltd ICL. Carpenter Technology currently sports a Zacks Rank #1 (Strong Buy). CRS beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 14.1%. The company's shares have soared 175.9% in the past year. You can see the complete list of today's Zacks #1 Rank stocks here.Sylvamo, which currently carries a Zacks Rank #1, beat the consensus estimate in each of the trailing four quarters. In this time frame, it has delivered an earnings surprise of roughly 16.7%, on average. SLVM’s shares have rallied 73.5% over the past year. The Zacks Consensus Estimate for ICL Group’s current-year earnings has increased 8.8% in the past 60 days. ICL, carrying a a Zacks Rank #1, beat the consensus estimate in each of the last four quarters with the average surprise being 18.1%.  Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DuPont de Nemours, Inc. (DD): Free Stock Analysis Report Carpenter Technology Corporation (CRS): Free Stock Analysis Report ICL Group Ltd. (ICL): Free Stock Analysis Report Sylvamo Corporation (SLVM): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks