Dow reports fourth quarter 2019 results
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Dow (DOW) Tops Q4 EPS by 4c, Revenues Beat
January 29, 2020 6:01 AM ESTDow (NYSE: DOW) reported Q4 EPS of $0.78, $0.04 better than the analyst estimate of $0.74. Revenue for the quarter came in at $10.2 billion versus the consensus estimate of $10.07 billion.
FINANCIAL HIGHLIGHTS
GAAP loss per share from continuing operations was $3.14; Operating EPS¹ was $0.78. Operating EPS excludes significant items in the quarter, totaling $3.92 per share, primarily related to: the impairment of the remaining Coatings & Performance Monomers acquisition-related goodwill and charges related to Sadara; integration and separation costs; and a tax gain associated with Swiss tax reform.Net sales were $10.2 billion, down 15% versus pro forma... More