Jefferies Raises Price Target on Dow Chemical (DOW) Following 1Q Earnings Report
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Dow Corning Reports First Quarter 2016 Financial Performance
April 29, 2016 10:11 AM EDTMIDLAND, Mich.--(BUSINESS WIRE)-- Dow Corning Corp. today announced first quarter 2016 sales of $1.32 billion, a three percent decrease compared to 2015, and net income of $112 million. Adjusted net income in the first quarter of 2016 was $116 million, a 14 percent increase compared with the first quarter of 2015.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160429005691/en/
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Dow Reports First Quarter Results
April 28, 2016 6:45 AM EDT
Delivers 14th Consecutive Quarter of
Year-Over-Year Operating EPS Increase and Operating EBITDA Margin
Expansion;
Achieves 10th
Consecutive Quarter of Year-Over-Year Volume Growth, Excluding the
Impact of Divestitures and Acquisitions;
Earnings Per Share
Increases to $0.89 on an Operating Basis, or $0.15 on a Reported Basis;
Operating
EBITDA Margin Expands 164 Basis Points to 21.1 Percent Highest Level
in More than a Decade
MIDLAND, Mich.--(BUSINESS WIRE)-- The Dow Chemical Company (NYSE: DOW):
First Quarter 2016 Highlights
... More