Dow forecasts quarterly core profit slightly above estimates, warns of Middle East uncertainty
Dow Inc predicts that its third-quarter core profit will surpass Wall Street's forecasts, bolstered by effective cost-cutting strategies. Although there may be challenges like pricing declines and seasonal slowdowns, the company noted strong sales growth in its packaging and specialty plastics segme
The Bharath News1 min readSource: ET Markets
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Dow Inc predicts that its third-quarter core profit will surpass Wall Street's forecasts, bolstered by effective cost-cutting strategies. Although there may be challenges like pricing declines and seasonal slowdowns, the company noted strong sales growth in its packaging and specialty plastics segment. Notably, shares of the chemicals manufacturer experienced an uptick during morning trading.
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