earnings
confidence high
sentiment negative
materiality 0.80
Dow Q2 2022: GAAP EPS $2.26, Operating EPS $2.31; Net sales $15.7B (+13% YoY)
DOW INC.
2022-Q2 EPS reported
$4.37
revenue$30,928,000,000
- GAAP EPS $2.26, Operating EPS $2.31 vs $2.72 YoY; Net Income $1.7B.
- Net sales $15.7B (+13% YoY); local price +16%, volume flat; currency -3%.
- Operating EBIT $2.4B, down $453M YoY; EBITDA $3.1B; cash from ops $1.9B, free cash flow $1.4B.
- Shareholder returns $1.3B ($800M buybacks, $505M dividends); no debt maturities until 2027.
- Segment: Packaging & Specialty Plastics EBIT $1.4B (margin 17.4%), Performance Materials & Coatings EBIT $561M (margin 18.7%, +960bps YoY).