Dow inc reports q4 operating earnings of $0.78 per share
Quarterly gaap loss per share from continuing operations $3.14.quarterly operating earnings per share $0.78.quarterly net sales $10.20 billion, down 15% versus pro forma results last year.q4 earnings per share view $0.74, revenue view $10.07 billion -- refinitiv ibes data.quarterly operating eps excludes significant items of $3.92/share.says significant items recorded in q4 include impairment of remaining coatings & performance monomers deal-related goodwill & charges related to sadara.dow - significant items in q4 also include integration and separation costs, and tax gain associated with swiss tax reform.quarterly performance materials & coatings net sales of $2.04 billion versus $2.27 billion.quarterly industrial intermediates & infrastructure net sales of $3.25 billion versus $3.78 billion.quarterly packaging & specialty plastics net sales of $4.84 billion versus $5.90 billion.quarterly net sales down primarily driven by lower local prices in all operating segments due to decline in global energy prices.quarterly volume down 2% versus pro forma results last year, primarily due to lower hydrocarbon co-product sales.quarterly operating ebit down, reflecting margin compression in packaging & specialty plastics, industrial intermediates & infrastructure.says experienced similar economic headwinds in q4 as seen all year, especially in industrial sector.
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