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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
ๅŠ ๅ…ฅ March 2022
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$DOW Q3โ€™26 EARNINGS HIGHLIGHTS ๐Ÿ”น Net Sales: $11.27B (Est. $11.26B) ๐ŸŸก; +13% YoY ๐Ÿ”น Adj. EPS: $0.71 (Est. $0.63) ๐ŸŸข; vs -$0.19 LY ๐Ÿ”น GAAP EPS: $0.62; vs $0.08 LY ๐Ÿ”น Oper EBIT: $887M (Est. $871M) ๐ŸŸข; vs $180M LY ๐Ÿ”น Operating EBITDA: $1.55B (Est. $1.54B) ๐ŸŸข Cash Flow: ๐Ÿ”น Operating Cash Flow: $1.84B ๐Ÿ”น Capital Expenditures: $706M ๐Ÿ”น Free Cash Flow: $1.13B ๐Ÿ”น Dividends: $253M Segment Net Sales: ๐Ÿ”น Packaging & Specialty Plastics: $5.8B; +18% YoY ๐Ÿ”น Industrial Intermediates: $3.1B; +8% YoY ๐Ÿ”น Performance Materials: $2.3B; +8% YoY Segment Operating EBIT: ๐Ÿ”น Packaging & Specialty Plastics: $585M ๐Ÿ”น Industrial Intermediates: $176M ๐Ÿ”น Performance Materials: $154M Other Q3 Metrics: ๐Ÿ”น Local Price: +14% YoY ๐Ÿ”น Volume: -1% YoY ๐Ÿ”น Currency: flat YoY ๐Ÿ”น Cash Flow Conversion: 83.7% Key Updates: ๐Ÿ”น Significant items: $0.09 per share net charge, excluded from Adj. EPS ๐Ÿ”น GAAP net income: $525M Comments: ๐Ÿ”ธ โ€œDow delivered a solid third quarter, driven by targeted downstream growth and disciplined execution against an evolving macro backdrop.โ€
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