Dow reports third quarter 2019 results
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Dow (DOW) Tops Q3 EPS by 18c, Revenues Beat
October 24, 2019 6:02 AM UTCDow (NYSE: DOW) reported Q3 EPS of $0.91, $0.18 better than the analyst estimate of $0.73. Revenue for the quarter came in at $10.76 billion versus the consensus estimate of $10.74 billion.
FINANCIAL HIGHLIGHTS
GAAP EPS from continuing operations of $0.45; Operating EPS¹ of $0.91 versus pro forma results of $1.34 in the year-ago period. Operating EPS excludes significant items in the quarter, totaling $0.46 per share, primarily related to: environmental charges; integration and separation costs; and a gain associated with litigation matters.GAAP Net Income of $347 million; Operating EBIT¹ of $1.1 billion versus pro forma results of $1.6 billion in the... More