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  • Today

      Show headlines and story abstract
    • 23 minutes ago by MT Newswires
      Companies Mentioned: DOW
      01:10 PM EDT, 09/12/2024 (MT Newswires) -- Dow (DOW) has an average rating of hold and price targets ranging from $52 to $72, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic research from major banks a...
    • 4 hours ago by MT Newswires
      Companies Mentioned: DOW
      08:40 AM EDT, 09/12/2024 (MT Newswires) -- Dow (DOW) said Thursday it expects Q3 revenue of about $10.6 billion. Analysts surveyed by Capital IQ are expecting $11 billion. "The updated third quarter outlook is largely driven by a significant unplann...
    • 4 hours ago by Dow Jones
      Companies Mentioned: DOW

      By Dean Seal

      Dow shares pulled back after the company said its third-quarter results are expected to come in lower after an unplanned event in late July at an ethylene cracker in Texas.
    • 5 hours ago by Dow Jones
      Companies Mentioned: DOW

      Shares of Dow Inc. (DOW) slumped 3% toward a 10-month low in premarket trading Thursday, after materials-science company issued a revenue warning, citing an "unplanned event" at a ethylene plant and higher costs. The company said it now expects third-quarter revenue of about $10.6 billion, down from previous guidance of about $11.1 billion. The company expects operating earnings before interest, taxes, depreciation and amortization (Ebitda) of $1.3 billion, while the FactSet consensus for adjusted Ebitda is $1.48 billion. "The updated third quarter outlook is largely driven by a significant unplanned event that occurred in late July at one of our ethylene crackers in Texas," said Chief Executive Jim Fitterling. "In addition, we are currently experiencing higher input costs and margin compression in Europe." On a brighter note, he said in North America, pricing and feedstock costs in packaging and specialty plastics are improving. The stock has dropped 7.5% year to date through Wednesday, while the S&P 500 has gained 16.4%.
    • 5 hours ago by PR Newswire
      Companies Mentioned: DOW

      Dow Inc.(NYSE: DOW) today provided an update to its third quarter 2024 earnings guidance. The Company expects third quarter revenue to be approximately $10.6billion and Operating EBITDA1 to be approximately $1.3billion.

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