IHS Chemical Week

People & Business :: Earnings/Finance

Dow reports 75% gain in first-quarter net income, handily beats estimates

1:29 PM MDT | April 23, 2014 | Clay Boswell

Dow Chemical reports higher first-quarter profits, driven by gains in most segments as well as productivity and cost-control actions. Adjusted earnings of 79 cts/share increased 14% year-on-year (YOY), easily beating the analysts’ consensus estimate of 70 cts/share. Sales increased 1% YOY, to $14.5 billion. Net income increased 75% YOY, to $964 million....

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