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
Gas prices are set to climb again after a long time due to rising wholesale prices. According to Lundberg Survey, while the national average price of gas fell 13 cents in the past two weeks to $2.07 a gallon, it could soon rise due to increased costs of crude oil in the past 10 days. Facebook Lite, an Android app aimed at users of low-end mobile devices in developing countries, is available on Google Play. The tiny 252-262KB download is also a better fit for users of older phones or those on a slower 2G network. The quick-loading, low-fi Facebook app is based on Snaptu, an... Apple will unveil its Apple Watch with a battery that may last only 2.5 to 4 hours on very active use, according to a report in 9to5mac. "People with knowledge of the Apple Watch's development have provided us with the specific performance targets Apple wants to achieve for the Apple Watch battery,...
comments powered by Disqus
Follow RTT