HALISTER: Dow Chemical 2Q Oper. EPS, Rev. Top Highest Ests

Dow Chemical 2Q Oper. EPS, Rev. Top Highest Ests

(Bloomberg) -- Dow Chemical 2Q oper. EPS 95c vs est. 85c, highest est. 92c; shares indicated $54.00-$54.64 vs close $53.63.
  • 2Q rev. $12.0b vs est. $11.2b, highest est. $11.66b
  • 2Q volume up 2% on reported basis, up 4% excluding impact of divestitures and acquisitions
  • 2Q cash flow from operations $2.2b, up 58% y/y
  • Still sees healthy demand in N.A.
  • Measured recovery in Europe continues while LatAm showing early signs of improvement from low base
  • Call 9am
  • NOTE: July 26, DD CEO said in phone interview EU concessions may help win approval for deal by year end
Statement: NSN OB0TV0MEQTXH
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
DOW US (Dow Chemical Co/The)
DD US (EI du Pont de Nemours & Co)

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