EARNINGS SNAPSHOT: Dow 2Q

MIDLAND (AP) - Dow Inc. last Thursday reported second quarter net income of $75 million.

The Midland, Michigan-based company said it had net income of 10 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were 86 cents per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 85 cents per share.

The company posted revenue of $11.01 billion in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $11.3 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DOW at https://www.zacks.com/ap/DOW

Published: Mon, Jul 29, 2019