Earnings release · DOW
Dow Inc. · Filed · SEC Form 8-K, Item 2.02
Revenue climbed 13% year on year to $11.3 billion, and EPS was $0.62. The company issued new guidance, which gives a first marker for expectations in the periods ahead.
Written automatically by Stocknote's note engine from the figures on this page and the company's previous release. Every number in this note is checked against those figures. Not investment advice.
$11.3 billion +13% vs a year ago
…Net sales were $11.3 billion, up 13% year-over-year, reflecting increases in all operating segments.…
$0.62
…GAAP earnings per share (EPS) was $0.62; operating EPS1 was $0.71, compared to a loss of $0.19 in the year-ago period.…
Guidance issued
…webcast of its quarterly earnings conference call with investors to discuss its results, business outlook and other matters today at 8:00 a.m.…
Dow's Q1 beat and Q2 guidance raise to $2.2B operating earnings signal the chemicals cycle has bottomed — while European plant rationalization permanently removes supply the Street's oversupply thesis hasn't priced in.
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