MIDLAND, Mich. (AP) _ Dow Inc. (DOW) on Thursday reported third-quarter net income of $1.68 billion, after reporting a loss in the same period a year earlier.
On a per-share basis, the Midland, Michigan-based company said it had profit of $2.23. Earnings, adjusted for one-time gains and costs, were $2.75 per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.60 per share.
The materials science posted revenue of $14.84 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $14.37 billion.
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