26.01.2017 12:49:26
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Dow Chemical Co Reveals 6% Rise In Q4 Earnings
(RTTNews) - Dow Chemical Co (DOW) reported earnings for its fourth quarter that rose compared to the same period last year.
The company said its bottom line advanced to $1.12 billion, or $0.99 per share. This was higher than $1.06 billion, or $0.93 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.88 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 2.5% to $11.75 billion. This was up from $11.46 billion last year.
Dow Chemical Co earnings at a glance:
-Earnings (Q4): $1.12 Bln. vs. $1.06 Bln. last year. -Earnings Growth (Y-o-Y): 5.7% -EPS (Q4): $0.99 vs. $0.93 last year. -EPS Growth (Y-o-Y): 6.5% -Analysts Estimate: $0.88 -Revenue (Q4): $11.75 Bln vs. $11.46 Bln last year. -Revenue Change (Y-o-Y): 2.5%
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