28.07.2016 12:48:54

Dow Chemical Co Bottom Line Climbs 2% In Q2

(RTTNews) - Dow Chemical Co (DOW) announced earnings for its second quarter that climbed from last year.

The company said its bottom line climbed to $1.08 billion, or $0.95 per share. This was up from $1.06 billion, or $0.91 per share, in last year's second quarter.

Analysts had expected the company to earn $0.86 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 5.9% to $11.49 billion. This was down from $12.21 billion last year.

Dow Chemical Co earnings at a glance:

-Earnings (Q2): $1.08 Bln. vs. $1.06 Bln. last year. -Earnings Growth (Y-o-Y): 1.9% -EPS (Q2): $0.95 vs. $0.91 last year. -EPS Growth (Y-o-Y): 4.4% -Analysts Estimate: $0.86 -Revenue (Q2): $11.49 Bln vs. $12.21 Bln last year. -Revenue Change (Y-o-Y): -5.9%

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