Dow reports second quarter 2020 results
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Dow Inc. (DOW) PT Raised to $38 at BofA Securities
July 24, 2020 8:17 AM EDTBofA Securities analyst Steve Byrne raised the price target on Dow Inc. (NYSE: DOW) to $38.00 (from $37.00) while maintaining a Underperform rating.
... MoreDow (DOW) Tops Q2 EPS by 4c, Revenues Beat
July 23, 2020 6:02 AM EDTDow (NYSE: DOW) reported Q2 EPS of ($0.26), $0.04 better than the analyst estimate of ($0.30). Revenue for the quarter came in at $8.4 billion versus the consensus estimate of $8.05 billion.
FINANCIAL HIGHLIGHTS
GAAP loss per share was $0.31; Operating loss per share1 was $0.26 and excludes significant items in the quarter, totaling $0.05 per share, primarily related to integration and separation costs.Net sales were $8.4 billion, down 24% versus the year-ago period driven by both local price and volume declines, as the COVID-19 pandemic dramatically impacted results.Local price declined 14% versus the year-ago period, primarily reflecting lower... More