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.
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by RTT Staff Writer
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