Dow Inc beats estimates with smaller first quarter loss
The chemicals company reported an adjusted loss of 14 cents per share for the first quarter. Higher prices and cost cutting helped the firm beat analyst estimates.
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DOW INC reported a narrower-than-anticipated adjusted loss for the first quarter on Thursday, as the chemical giant benefited from a combination of strategic price increases and aggressive cost-reduction initiatives. Based in the United States, the Michigan-headquartered company demonstrated resilience amid a challenging global economic landscape.
