Dow Chemical Q3 Profit Beats Estimates - Quick Facts

(RTTNews) - The Dow Chemical Company (DOW) reported that its third-quarter net income for stockholders increased to $852 million or $0.71 per share, from $594 million or $0.49 per share, last year. Adjusted earnings per share was $0.72 for the quarter.

On average, 18 analysts polled by Thomson Reuters expected the company to report profit per share of $0.68 for the quarter. Analysts' estimates typically exclude special items.

Net sales increased to $14.41 billion from $13.73 billion, last year. Analysts expected revenue of $14.31 billion for the quarter. Sales rose 5 percent, driven by price increases associated with tightening demand conditions in key regions, with gains in most operating segments. The company reported increased sales in all geographic areas.