Dow (DOW) Reports In-Line Q1 EPS, Revenues Beat

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Go back to Dow (DOW) Reports In-Line Q1 EPS, Revenues Beat

Dow reports first quarter 2020 results

April 30, 2020 6:00 AM EDT

MIDLAND, Mich.--(BUSINESS WIRE)-- Dow (NYSE: DOW):

FINANCIAL HIGHLIGHTS

GAAP earnings per share was $0.32; Operating EPS¹ was $0.59. Operating EPS excludes significant items in the quarter, totaling $0.27 per share, related to restructuring and asset related charges; early extinguishment of debt; and integration and separation costs. Net sales were $9.8 billion, down 11% versus pro forma results in the year-ago period, primarily driven by lower local prices in all operating segments due to a decline in global energy prices. Volume declined 2% versus pro forma results in the... More