Dow Inc. reported second-quarter revenue and earnings that exceeded Wall Street forecasts, but shares fell 2.8% in premarket trading after the company pointed to softer demand trends and higher costs. Revenue reached $12.09 billion, above the consensus estimate of $12.03 billion, while adjusted earnings were $1.44 a share, topping the expected $1.28 a share. Net income swung to $802 million, or $0.99 a share, from a loss of $801 million, or $1.18 a share, a year earlier. The results reflected a pricing-driven recovery, with local prices up 20% led by higher polyethylene prices, but overall sales volume slipped 1%. The company raised its cost-savings target under the Transform to Outperform program to more than $1.3 billion in in-year benefits for 2026, about $200 million more than previously expected, but did not provide quantitative financial guidance for the remainder of the year.
Dow Incsofter demand trends and higher costs despite beating estimates
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