Why was DD's Q3 2024 EPS flat?

DuPont de Nemours' (DD) Q3 2024 EPS was flat compared to the previous year, primarily due to the following reasons:

1. Revenue Growth: Despite a slight increase in revenue, the growth was not significant enough to drive a higher EPS. The company's revenue for the quarter was $3.19 billion, up by 4.4% from the previous year's $3.19 billion. This modest growth may not have had a substantial impact on EPS when compared to other factors.
2. Cost Factors: The company's net income increased by 67% from the previous year, reaching $472 million. However, the increase in net income did not necessarily translate to a higher EPS due to potential cost factors such as raw materials, labor, or operational expenses that may have offset the gains.
3. Market Conditions: The broader industrial slowdown in the US and China, along with the impact of AI-driven growth, may have had a mixed effect on DD's performance. While the semiconductor industry's robust demand likely boosted DD's performance, the overall market conditions could have flattened out any potential increase in EPS.

In conclusion, DuPont de Nemours' Q3 2024 EPS was flat due to a combination of factors, including modest revenue growth, cost factors, and market conditions.