Dow Chemical Reports Second Quarter Results
MIDLAND, Mich.--(BUSINESS WIRE)--The Dow Chemical Company (NYSE: DOW):
Second Quarter 2015 Highlights
Dow reported earnings per share of $0.97, or operating earnings per share of $0.91(1). This compares with earnings of $0.73 per share in the year-ago period, or earnings of $0.74 per share on an operating basis – up 23 percent versus the year-ago period. Results in the quarter were impacted by a $375 million pre-tax charge, or $0.21 per share, associated with the previously announced restructuring program, costs related to portfolio and productivity actions of $0.03 per share, and the favorable impact of $0.30 per share related to the consolidation of Univation Technologies, LLC.
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Second Quarter 2015 Highlights
Dow reported earnings per share of $0.97, or operating earnings per share of $0.91(1). This compares with earnings of $0.73 per share in the year-ago period, or earnings of $0.74 per share on an operating basis – up 23 percent versus the year-ago period. Results in the quarter were impacted by a $375 million pre-tax charge, or $0.21 per share, associated with the previously announced restructuring program, costs related to portfolio and productivity actions of $0.03 per share, and the favorable impact of $0.30 per share related to the consolidation of Univation Technologies, LLC.
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