earnings
confidence high
sentiment neutral
materiality 0.75
Dow Q1 GAAP EPS $0.73, revenue $10.8B down 9% YoY; Op. EPS $0.56 vs $0.58
DOW INC.
2024-Q1 EPS reported
$0.73
revenue$10,765,000,000
- GAAP net income $538M ($0.73/share); operating EPS $0.56 vs $0.58 YoY.
- Net sales $10.8B down 9% YoY; volume up 1% YoY, excluding Hydrocarbons & Energy +5%.
- Operating EBIT $674M, down $34M YoY; cash from ops $460M; returned $693M to shareholders ($493M dividends, $200M buybacks).
- Segment: Industrial Intermediates & Infrastructure Op. EBIT $87M (+$72M sequentially); Performance Materials & Coatings Op. EBIT $41M (+$102M sequentially).
- Outlook: demand trending sequentially higher; Investor Day on May 16; targeting $3B earnings improvement by 2030.