Dow (DOW) Misses Q4 EPS by 29c

Dow (NYSE: DOW) reported Q4 EPS of $0.00, $0.29 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $10.4 billion versus the consensus estimate of $10.58 billion.

\"We remain confident that Dow will benefit from the completion of our near-term incremental growth projects and an enhanced focus on operational discipline in 2025. In addition, we are optimistic that we will see further demand growth in attractive end markets such as packaging, energy and electronics,\" said Fitterling. \"Our differentiated portfolio and strong balance sheet enable us to deliver on all our capital allocation priorities, including an industry-leading dividend. Until we see more definitive indications of a true recovery taking hold – and in order to deliver improved margins – we are taking actions to reduce our costs by $1 billion as well as our 2025 CapEx plans by $300 - 500 million. We will complete these actions while staying the course on our long-term strategic priorities. Our proactive interventions are necessary for Dow to continue to successfully navigate this economic downcycle.\"For earnings history and earnings-related data on Dow (DOW) click here.

You May Also Be Interested In

• Movano (MOVE) Misses Q2 EPS by 195c
• Hydrofarm Holdings Group, Inc. (HYFM) Misses Q2 EPS by 134c
• Star Equity Holdings (STRR) Misses Q2 EPS by 8c