Dow reports second quarter 2019 results
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Dow (DOW) Tops Q2 EPS by 2c
July 25, 2019 6:04 AM EDTDow (NYSE: DOW) reported Q2 EPS of $0.86, $0.02 better than the analyst estimate of $0.84. Revenue for the quarter came in at $11.01 billion versus the consensus estimate of $11.24 billion.
GAAP EPS from continuing operations was $0.10; Op. EPS¹ of $0.86.GAAP Net Income was $90 million; Op. EBIT¹ of $1.1 billion.Net Sales were $11.0 billion, in-line with the Companys guidance and down 14% versus pro forma results in the year-ago period, driven primarily by local price declines in polyethylene, siloxanes and isocyanates and lower sales of hydrocarbon co-products.Volume declined 3% versus pro forma results in... More