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Dow Provides Q3 Revenue Outlook
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Dow Provides Q3 Revenue Outlook
Sep 13, 2024 12:30 PM

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 unplanned event that occurred in late July at one of our ethylene crackers in Texas. In addition, we are currently experiencing higher input costs and margin compression in Europe," the company said.

Down shares were 1.9% lower in recent premarket activity.

Price: 49.75, Change: -0.98, Percent Change: -1.93

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