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Dow's (DOW) Q4 Earnings and Revenues Surpass Estimates
Dow Inc. DOW recorded loss (on a reported basis) from continuing operations of $3.14 per share for fourth-quarter 2019 against earnings of 63 cents per share a year ago.
Barring one-time items including hefty restructuring, goodwill impairment and asset-related charges, earnings were 78 per share for the reported quarter, ahead of the Zacks Consensus Estimate of 74 cents.
The company benefited from its actions to reduce costs and contributions from its U.S. Gulf Coast investments in the quarter. Dow removed more than $35 million of stranded costs in the reported quarter.
Dow raked in net sales of $10,204 million for the quarter, down roughly 15% from the adjusted sales a year ago. It, however, beat the Zacks Consensus Estimate of $10,015.4 million.
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https://finance.yahoo.com/news/dows-dow-...01222.html
![[Bild: DOWc1dl1621.png]](https://finviz.com/publish/013020/DOWc1dl1621.png)
Dow Inc. DOW recorded loss (on a reported basis) from continuing operations of $3.14 per share for fourth-quarter 2019 against earnings of 63 cents per share a year ago.
Barring one-time items including hefty restructuring, goodwill impairment and asset-related charges, earnings were 78 per share for the reported quarter, ahead of the Zacks Consensus Estimate of 74 cents.
The company benefited from its actions to reduce costs and contributions from its U.S. Gulf Coast investments in the quarter. Dow removed more than $35 million of stranded costs in the reported quarter.
Dow raked in net sales of $10,204 million for the quarter, down roughly 15% from the adjusted sales a year ago. It, however, beat the Zacks Consensus Estimate of $10,015.4 million.
...
https://finance.yahoo.com/news/dows-dow-...01222.html
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