Tags: Dow | Chemical | Profit | sales

Dow Chemical Profit Rises as Agriculture Sales Gain

Thursday, 27 October 2011 07:12 AM EDT

Dow Chemical says its third-quarter earnings jumped 59 percent on higher prices and double-digit sales gains in almost all its business segments.

The Midland, Mich. company said Thursday its net income jumped to $815 million, or 69 cents per share, compared with $512 million, or 45 cents per share, a year earlier. Excluding one-time items, earnings were 62 cents per share.

Revenue rose 17 percent to $15.11 billion. Sales volume was flat, as decreases in North America were offset by improvements in Latin America and Asia.

FactSet says analysts expected adjusted earnings of 63 cents per share on $14.63 billion in sales.

Dow Chemical Co. says the biggest revenue gains were in its feedstock and energy unit as well as its agricultural sciences division. Geographically, sales grew the most in Latin America.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Companies
Dow Chemical says its third-quarter earnings jumped 59 percent on higher prices and double-digit sales gains in almost all its business segments. The Midland, Mich. company said Thursday its net income jumped to $815 million, or 69 cents per share, compared with $512...
Dow,Chemical,Profit,sales
132
2011-12-27
Thursday, 27 October 2011 07:12 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved