Dow Inc

NYSE:DOW   10:06:06 AM EDT
+0.07 (+0.11%)
Other Pre-Announcement

Dow Says Quarterly GAAP Earnings Per Share Was $2.51

Published: 07/22/2021 10:16 GMT
Dow Inc (DOW) - Dow Reports Second Quarter 2021 Results.
Q2 Sales $13.9 Billion Versus Refinitiv Ibes Estimate of $13.07 Billion.
Dow Reduced Gross Debt by $1.1 Billion in Quarter.
Qtrly GAAP Earnings per Share (eps) Was $2.51; Operating EPS Was $2.72.
Qtrly Packaging & Specialty Plastics Segment Net Sales Were $7.1 Billion, Up 78% Versus Year-ago Period.
Qtrly Industrial Intermediates & Infrastructure Segment Net Sales Were $4.2 Billion, Up 74% Versus Year-ago Period.
Q2 Results Reflected Strong Demand in All Value Chains.
Qtrly Operating EPS Excludes Certain Items Primarily Related to an Early Extinguishment of Debt and Digitalization Program Expenses.
Qtrly Performance Materials & Coatings Segment Net Sales Were $2.5 Billion, Up 33% Over Year-ago Period.
Looking Ahead, We Expect Earnings Momentum From Additional Improvements in Consumer Spending, International Travel and Industrial Production.
Q2 Earnings per Share View $2.45 -- Refinitiv Ibes Data (analyst estimates).