DOW Beats on Q1 Earnings & Sales, Launches $6B Cash Support Actions
Dow Inc. (DOW) recorded a loss (on a reported basis) of 516 million or 73 cents per share a year ago. The bottom line was hurt by lower prices and restructuring charges. On an adjusted basis (barring one-time items), DOW logged earnings of 2 cents for the reported quarter, down from 56 cents a year ago. The figure beat the Zacks Consensus Estimate of a loss of 2 cents. Dow recorded net sales of $10,431 million for the qu ...