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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

陶氏化學 | 8-K:陶氏公佈2024年第三季度收益指引的最新情況
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.
陶氏化學已修訂其2024年第三季度的盈利指引,預計營業收入約爲$106億,經營EBITDA約爲$13億。這次更新主要是由於7月底德克薩斯州一個乙烯裂解裝置發生的非計劃事件,以及歐洲的輸入成本上升和利潤壓縮。這些挑戰部分被北美包裝及特殊塑料的定價和原材料成本的改善所抵消。首席執行官Jim Fitterling預計第四季度典型的季節性需求,預計將受到德克薩斯裂解裝置產量增加、較低的週轉成本以及美國墨 Gulf Coast地區較少的天氣相關事件的積極影響。公司繼續關注保持運營和財務紀律,同時執行長期增長戰略。陶氏將參加2024年9月12日舉辦的第12屆摩根士丹利拉古娜會議,屆時Fitterling將在東部時間上午11:45進行一場爐邊聊天。該活動將通過直播網絡進行,隨後的錄播和文字記錄將可供訪問。
陶氏化學已修訂其2024年第三季度的盈利指引,預計營業收入約爲$106億,經營EBITDA約爲$13億。這次更新主要是由於7月底德克薩斯州一個乙烯裂解裝置發生的非計劃事件,以及歐洲的輸入成本上升和利潤壓縮。這些挑戰部分被北美包裝及特殊塑料的定價和原材料成本的改善所抵消。首席執行官Jim Fitterling預計第四季度典型的季節性需求,預計將受到德克薩斯裂解裝置產量增加、較低的週轉成本以及美國墨 Gulf Coast地區較少的天氣相關事件的積極影響。公司繼續關注保持運營和財務紀律,同時執行長期增長戰略。陶氏將參加2024年9月12日舉辦的第12屆摩根士丹利拉古娜會議,屆時Fitterling將在東部時間上午11:45進行一場爐邊聊天。該活動將通過直播網絡進行,隨後的錄播和文字記錄將可供訪問。
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