Dow (DOW) Tops Q4 EPS by 4c, Revenues Beat
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Dow reports fourth quarter 2019 results
January 29, 2020 6:00 AM ESTMIDLAND, Mich.--(BUSINESS WIRE)-- Dow (NYSE: DOW):
FINANCIAL HIGHLIGHTS
GAAP loss per share from continuing operations was $3.14; Operating EPS¹ was $0.78. Operating EPS excludes significant items in the quarter, totaling $3.92 per share, primarily related to: the impairment of the remaining Coatings & Performance Monomers acquisition-related goodwill and charges related to Sadara; integration and separation costs; and a tax gain associated with Swiss tax reform. Net sales were $10.2 billion, down 15% versus pro forma results in the year-ago period, primarily driven by lower local prices in all... More