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Dow Chemical reports better than expected Q2 earnings, revenue

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Investing.com -

Investing.com - The largest U.S. chemicals company Dow Chemical (NYSE:DOW) reported better-than-expected second quarter earnings and revenue figures ahead of Wednesday's opening bell.

Dow Chemicals said adjusted earnings per share came in at 74 cents during the second quarter, surpassing expectations for earnings of 72 cents per share.

The company's second quarter revenue totaled $14.92 billion, beating forecasts for revenue of $14.85 billion.

Andrew N. Liveris, Dows chairman and chief executive officer, stated, "Our results reflect excellent progress against Dows near-term priorities, and clearly illustrate our ongoing drive to execute self-help actions that are delivering growth on both the top and bottom line."

Following the release of the report, Dow Chemical Company (NYSE:DOW) shares dipped 0.6% in pre-market trade.

Meanwhile, the outlook for U.S. equity markets was upbeat. The Dow indicated a gain of 0.1% at the open, the S&P 500 pointed to a rise of 0.1%, while Nasdaq 100 tacked on 0.1%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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