logo
Share SHARE
FONT-SIZE Plus   Neg

Dow Chemical Sinks To Q4 Loss - Quick Facts

The Dow Chemical Co. (DOW: Quote) posted Thursday a fourth-quarter loss of $20 million, or a loss of $0.02 per share, compared to last year's profit of $426 million, or $0.37 per share. Adjusted earnings fell to $289 million, or $0.25 per share, from $538 million, or $0.47 per share, a year ago.

Fifteen analysts polled by Thomson Reuters estimated earnings of $0.30 per share. Analysts' estimates usually exclude special items.

Revenues for the quarter edged up to $14.10 billion from the prior-year's $13.77 billion, or $13.136 billion excluding divestitures. The results reflect all-round growth on a geographic basis, and improvement in all segments except Electronic and Functional Materials. Twelve analysts polled by Thomson Reuters estimated revenues of $14.19 billion.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Online retail giant Amazon.com Inc. (AMZN) is reportedly in talks to buy luxury online fashion retailer Net-a-Porter. The news of acquisition was first reported by Women's Wear Daily, which said the deal would be completed for about 2 billion euros, indicating the biggest acquisition yet by Amazon.... Tim Cook, the CEO of tech giant Apple Inc., in an interview said he intends to give away all his wealth to charity. Cook, in an interview to Fortune, said he plans to donate all his wealth to philanthropic projects after paying for his 10-year old nephew's college education. According to Fortune,... Is it a 'personal life crisis' that led the Germanwings' co-pilot Andreas Lubitz to deliberately lowering the plane carrying 149 people to French Alps mountain? Police is investigating to find evidences to prove this suggestion.
comments powered by Disqus
Follow RTT