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Dow Inc | 8-K: Dow Provides Update on Third Quarter 2024 Earnings Guidance

Dow Inc | 8-K: Dow Provides Update on Third Quarter 2024 Earnings Guidance

陶氏化学 | 8-K:陶氏公布2024年第三季度收益指引的最新情况
美股SEC公告 ·  2024/09/12 20:48

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Dow Inc. has revised its Q3 2024 earnings guidance, projecting revenue of approximately $10.6 billion and Operating EBITDA of about $1.3 billion. The update is primarily due to an unplanned event at a Texas ethylene cracker in late July and higher input costs and margin compression in Europe. These challenges are partially offset by improved North America pricing and feedstock costs in Packaging & Specialty Plastics.CEO Jim Fitterling anticipates typical seasonal demand in Q4, with positive impacts expected from lower turnaround costs, higher operating rates as the Texas cracker ramps up, and fewer weather-related events in the U.S. Gulf Coast. The company remains focused on maintaining operational and financial discipline while executing long-term growth strategies.Dow will participate in the 12th Annual Morgan Stanley Laguna Conference on September 12, 2024, where Fitterling will engage in a fireside chat at 11:45 a.m. ET. The event will be accessible via live webcast, with a replay and transcript available afterward.
Dow Inc. has revised its Q3 2024 earnings guidance, projecting revenue of approximately $10.6 billion and Operating EBITDA of about $1.3 billion. The update is primarily due to an unplanned event at a Texas ethylene cracker in late July and higher input costs and margin compression in Europe. These challenges are partially offset by improved North America pricing and feedstock costs in Packaging & Specialty Plastics.CEO Jim Fitterling anticipates typical seasonal demand in Q4, with positive impacts expected from lower turnaround costs, higher operating rates as the Texas cracker ramps up, and fewer weather-related events in the U.S. Gulf Coast. The company remains focused on maintaining operational and financial discipline while executing long-term growth strategies.Dow will participate in the 12th Annual Morgan Stanley Laguna Conference on September 12, 2024, where Fitterling will engage in a fireside chat at 11:45 a.m. ET. The event will be accessible via live webcast, with a replay and transcript available afterward.
陶氏化学已修订其2024年第三季度的盈利指引,预计营业收入约为$106亿,经营EBITDA约为$13亿。这次更新主要是由于7月底德克萨斯州一个乙烯裂解装置发生的非计划事件,以及欧洲的输入成本上升和利润压缩。这些挑战部分被北美包装及特殊塑料的定价和原材料成本的改善所抵消。首席执行官Jim Fitterling预计第四季度典型的季节性需求,预计将受到德克萨斯裂解装置产量增加、较低的周转成本以及美国墨 Gulf Coast地区较少的天气相关事件的积极影响。公司继续关注保持运营和财务纪律,同时执行长期增长战略。陶氏将参加2024年9月12日举办的第12届摩根士丹利拉古娜会议,届时Fitterling将在东部时间上午11:45进行一场炉边聊天。该活动将通过直播网络进行,随后的录播和文字记录将可供访问。
陶氏化学已修订其2024年第三季度的盈利指引,预计营业收入约为$106亿,经营EBITDA约为$13亿。这次更新主要是由于7月底德克萨斯州一个乙烯裂解装置发生的非计划事件,以及欧洲的输入成本上升和利润压缩。这些挑战部分被北美包装及特殊塑料的定价和原材料成本的改善所抵消。首席执行官Jim Fitterling预计第四季度典型的季节性需求,预计将受到德克萨斯裂解装置产量增加、较低的周转成本以及美国墨 Gulf Coast地区较少的天气相关事件的积极影响。公司继续关注保持运营和财务纪律,同时执行长期增长战略。陶氏将参加2024年9月12日举办的第12届摩根士丹利拉古娜会议,届时Fitterling将在东部时间上午11:45进行一场炉边聊天。该活动将通过直播网络进行,随后的录播和文字记录将可供访问。
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