Shares of Dow Inc. slipped 0.7% in premarket trading Tuesday, after the chemicals and specialty materials company beat first-quarter profit and sales...
Shares of Dow Inc. DOW slipped 0.7% in premarket trading Tuesday, after the chemicals and specialty materials company beat first-quarter profit and sales expectations but saw volume drop 11%. The company swung to a net loss of $93 million, or 13 cents a share, from net income of $1.57 billion, or $2.11 a share, in the year-ago period.
Excluding nonrecurring items, such as costs from a restructuring and a litigation matter, adjusted earnings per share of 58 cents was well above the FactSet consensus of 36 cents. Sales declined 22.4% to $11.85 billion but was above the FactSet consensus of $11.35 billion, as sales from the packaging and specialty plastics and performance materials and coatings businesses beat expectations but industrial intermediates and infrastructure sales missed.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
As Big Tech determines the course of Wall Street, here is why Amazon will hold the most swayAmazon.com Inc., Meta Platforms Inc., Alphabet Inc. and Microsoft Corp. lead a packed week of first-quarter earnings.
Baca lebih lajut »
John Galantic Steps Down as President and Chief Operating Officer of Chanel Inc.“During his time with Chanel, John Galantic has built the brand and the business of Chanel Inc. into a true powerhouse.” said a Chanel spokeswoman, who confirmed his resignation Monday.
Baca lebih lajut »
UPS stock falls after profit matches expectations but revenue comes up shy and outlook was trimmedShares of United Parcel Service Inc. slumped 3.4% in premarket trading Tuesday, after the package delivery giant reported first-quarter profit that matched...
Baca lebih lajut »
Dow futures tick lower, major earnings ahead By Investing.com*U.S. STOCK FUTURES EDGE LOWER AHEAD OF MAJOR EARNINGS WEEK $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Baca lebih lajut »
Stock Market Today: Dow trades flat after the opening bellMarketWatch Live: U.S. stock indexes manage gains in opening half-hour of trades
Baca lebih lajut »
Astros' Chas McCormick won't come off injured list when eligible TuesdayChas McCormick still hasn't swung a bat since going on the injured list so he'll need a...
Baca lebih lajut »