Dow (DOW) Misses Q2 EPS by 3c; offers outlook
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EPS Growth %: +392.9%
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Research and development expenses: 399M
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Dow (NYSE: DOW) reported Q2 EPS of $0.68, $0.03 worse than the analyst estimate of $0.71. Revenue for the quarter came in at $10.92 billion versus the consensus estimate of $11.01 billion.
OUTLOOK
"As we look to the second half of the year, Team Dow is focused on continuing to deliver sequential earnings improvements while navigating through the slower macro environment we remain in," said Fitterling. "While near-term demand in many markets that we serve is growing, building & construction and consumer durables are unlikely to significantly change in 2024. We will continue driving higher sales through our innovation portfolio and diverse product mix. And, through leveraging our global scale, strategically advantaged cost positions, and counter-cyclical growth investments, we remain on track to enable higher earnings and shareholder returns."
For earnings history and earnings-related data on Dow (DOW) click here.
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