Company News: Dow (DOW) posts slightly-bigger-than-expected quarterly loss

Market news

23 July 2020

Company News: Dow (DOW) posts slightly-bigger-than-expected quarterly loss

Dow (DOW) reported Q2 FY 2020 loss of $0.26 per share (versus earnings of $0.86 per share in Q2 FY 2019), slightly worse than analysts’ consensus estimate of -$0.25 per share.

The company’s quarterly revenues amounted to $8.354 bln (-24.2% y/y), beating analysts’ consensus estimate of $7.948 bln.

DOW rose to $45.04 (+1.58%) in pre-market trading.

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