Dow Chemical Earnings Advance 17%

Dow Chemical reported net income of $729 million excluding one-time charges, up 17% from the year-ago quarter. Sales were $15.1 billion, up 17% versus the prior year. Double-digit sales increases were reported across all operating segments and geographic areas. Reported earnings excluding certain items were 62 cts/share up 15% from the year-ago quarter and 1-ct/share below the midpoint of analyst estimates as reported by Thomson Reuters (New York).

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