DOW's profit beat estimates, sales grew 13%, and its next-quarter forecast includes more savings. Sales only barely beat estimates, and analysts kept mixed ratings, but the profit result and cost plans make the report positive overall.
The profit beat gives DOW a stronger base, and planned savings plus lower turnaround costs may help next quarter. Sales grew 13%, but cleared forecasts by only about $1 million. Analysts raised price targets, though their ratings stayed mixed.
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