Join for a 100% Risk-Free trial and see if our proven method can help you too. You do not need to pay for the costly lessons from the market itself.I last covered Dow Inc. (NYSE: DOW ) stock back in Feb 2025. The details of that article are summarized in the screenshot below. As a brief recap, the goal of thatSensor Unlimited contributes to the investing group Envision Early Retirement which is led by Sensor Unlimited. They offer proven solutions to generate both high income and high growth with isolated ri ...

Financial Performance - The company reported net sales of $10.4 billion in Q1 2025, down 3% from $10.8 billion in Q1 2024, with declines across all operating segments [154]. - Cash provided by operating activities was $104 million in Q1 2025, down $356 million compared to Q1 2024 [156]. - The company recorded a net loss of $307 million in Q1 2025, compared to a net income of $516 million in Q1 2024 [154]. - TDCC experienced a net loss of $305 million in Q1 2025, down from a net income of $521 million in Q1 2024 [170]. - Operating EBITDA for the first three months of 2025 was $944 million, down from $1,394 million in the same period of 2024, indicating a significant decline in earnings [196]. - Free Cash Flow for the first three months of 2025 was $(254) million, compared to $(581) million in the same period of 2024, with cash provided by operating activities decreasing from $460 million to $104 million [196]. Sales and Revenue Breakdown - Volume increased by 2% compared to Q1 2024, driven by a 5% increase in the U.S. & Canada, while local prices decreased by 3% across all segments [157]. - Packaging & Specialty Plastics net sales decreased by 2% to $5,310 million in Q1 2025, down from $5,430 million in Q1 2024, with local prices down 4% [174]. - Industrial Intermediates & Infrastructure net sales declined by 5% to $2,855 million in Q1 2025, down from $3,008 million in Q1 2024 [176]. - Performance Materials & Coatings net sales decreased by 4% to $2,071 million in Q1 2025, compared to $2,152 million in Q1 2024 [179]. Cost Management and Restructuring - The company announced targeted cost actions to reduce structural costs by $1 billion over the next two years, including a workforce reduction of approximately 1,500 roles [149]. - Restructuring charges in Q1 2025 amounted to $208 million, primarily related to severance and benefits costs [162]. - The 2025 Restructuring Program is expected to incur additional cash expenditures of $207 million through the end of 2026, primarily for severance and related benefits costs [222]. - The company expects to incur additional costs related to restructuring activities, which cannot be reasonably estimated at this time [224]. Capital Expenditures and Investments - Capital expenditures for 2025 are now expected to be $2.5 billion, down from the original plan of $3.5 billion, due to the delay of the Path2Zero project [150]. - Capital expenditures for the first three months of 2025 were $685 million, a decrease from $714 million in the same period of 2024, with full-year capital spending expected to be approximately $2.5 billion [190]. Debt and Liquidity - The Company maintained cash and committed liquidity of $11.2 billion as of March 31, 2025, with no substantive long-term debt maturities due until 2027 [199]. - Total gross debt as of March 31, 2025, was $16.57 billion, with net debt at $14.77 billion, representing 46.1% of total capitalization [210]. - In the first quarter of 2025, the Company issued $1 billion of senior unsecured notes, which included $943 million in debt securities tendered and retired, resulting in a pretax loss of $60 million [213]. Shareholder Returns - Dow Inc. declared and paid dividends of $0.70 per share on February 13, 2025, and April 10, 2025, aligning with its strategy to return approximately 45% of Operating Net Income to shareholders [216]. - TDCC declared and paid a dividend of $515 million to Dow Inc. for the three months ended March 31, 2025, compared to $698 million for the same period in 2024 [217]. - The company aims for total shareholder remuneration of approximately 65% of Operating Net Income over the economic cycle, including dividends and share repurchases [218]. - As of March 31, 2025, approximately $931 million remains available for share repurchases under the $3 billion program approved in April 2022 [218]. Other Financial Metrics - Cost of sales increased to $9.8 billion in Q1 2025, representing 93.6% of net sales, up from 88.1% in Q1 2024 [158]. - Research and development expenses totaled $200 million in Q1 2025, a slight decrease from $204 million in Q1 2024 [159]. - Cash Flow Conversion from operations to Operating EBITDA was 11.0% for the first three months of 2025, compared to 33.0% in the same period of 2024, reflecting reduced efficiency in converting earnings into cash flow [196]. - The Company generated $100 million in sales of receivables under its U.S. and Europe committed accounts receivable facilities in the first three months of 2025 [203]. - The Company has monetized $200 million of its company-owned life insurance policies as of March 31, 2025, compared to zero at December 31, 2024 [208]. Legal and Regulatory Matters - As of March 31, 2025, there were 6,082 unresolved asbestos-related claims against Union Carbide, a decrease from 6,278 claims in 2024 [231]. - The company anticipates pension settlement charges related to the termination of certain U.S. tax-qualified pension plans, with final asset distributions expected in Q4 2025 [220]. - Contractual obligations as of March 31, 2025, total $37.791 billion, including expected cash requirements for interest of $13.266 billion and purchase obligations of $24.525 billion [226].

Dow Inc. (NYSE:DOW) Q1 2025 Earnings Conference Call April 24, 2025 8:00 AM ET Company Participants Andrew Riker - Vice President, Investor Relations Jim Fitterling - Chairman & Chief Executive Officer Karen S. Carter - Chief Operating Officer Jeff Tate - Chief Financial Officer Conference Call Participants Vincent Andrews - Morgan Stanley Mike Sison - Wells Fargo David Begleiter - Deutsche Bank Chris Parkinson - Wolfe Research Chris Perrella - UBS Jeff Zekauskas - JPMorgan Matthew Blair - Tudor Pickering H ...

For the quarter ended March 2025, Dow Inc. (DOW) reported revenue of $10.43 billion, down 3.1% over the same period last year. EPS came in at $0.02, compared to $0.56 in the year-ago quarter. Here is how Dow Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: The reported revenue represents a surprise of +1.55% over the Zacks Consensus Estimate of $10.27 billion. With the consensus EPS estimate being -$0.02, the EPS surprise was +2 ...

Dow Inc. (DOW) recorded a loss (on a reported basis) of $307 million or 44 cents per share in first-quarter 2025. This compares to a profit of $516 million or 73 cents per share a year ago. The bottom line was hurt by lower prices and restructuring charges. On an adjusted basis (barring one-time items), DOW logged earnings of 2 cents for the reported quarter, down from 56 cents a year ago. The figure beat the Zacks Consensus Estimate of a loss of 2 cents. Dow recorded net sales of $10,431 million for the qu ...

Core Insights - Dow Inc. reported first-quarter 2025 earnings that exceeded analysts' expectations, with adjusted EPS of $0.02 compared to an expected loss of $0.01, although revenue declined 3% year over year to $10.4 billion [1][2][5] Financial Performance - Adjusted EPS for Q1 2025 was $0.02, down 96.4% from $0.56 in Q1 2024 [3] - Revenue for Q1 2025 was $10.43 billion, slightly above the forecast of $10.24 billion but down 3.1% from $10.77 billion in Q1 2024 [3] - Net income for Q1 2025 was a loss of $290 million, compared to a profit of $538 million in Q1 2024 [3] - Adjusted operating EBIT fell to $230 million, a 66% decrease from $674 million in Q1 2024 [3] Business Overview - Dow operates in the materials science industry with a presence in 30 countries, focusing on segments like Packaging & Specialty Plastics, Performance Materials & Coatings, and Industrial Intermediates & Infrastructure [4] - The company emphasizes innovation and sustainability, targeting high-growth markets such as packaging and mobility [4] Segment Performance - The Packaging & Specialty Plastics segment experienced a 2% revenue drop, despite a 4% increase in volume due to higher licensing and hydrocarbon sales [6] - Industrial Intermediates & Infrastructure faced a 5% revenue decline and reported an operating EBIT loss of $128 million, primarily due to high energy costs [6] - Performance Materials & Coatings saw a 4% sales drop but achieved an $8 million operating EBIT improvement through reduced fixed costs [6] Strategic Initiatives - Dow has delayed its Path2Zero ethylene complex project in Alberta, Canada, to align spending with market conditions and has initiated cost-saving measures contributing approximately $6 billion in total cash support [7] - The company completed the sale of its flexible packaging laminating adhesive business to Arkema, marking a strategic optimization of its asset base [8] Future Outlook - Dow plans to continue its disciplined execution strategy and expand strategic partnerships while enhancing its focus on sustainable solutions [9] - The company aims to navigate pricing strategies, geopolitical factors, and sustainability advancements to strengthen its competitive position [9]

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Financial Performance & Strategic Actions - Net sales reached $10.4 billion, marking the 6th consecutive quarter of YoY volume growth[6] - Operating EBITDA was $944 million, a decrease YoY[6] - The company is implementing at least $1 billion in annualized cost reductions across 2025 & 2026[6] - Expect ~$4 billion in unique-to-Dow cash levers in 2025, including up to ~$3 billion from infrastructure asset sales and >$1 billion NOVA judgment[6] Capital Expenditure & Asset Review - Total CapEx for the quarter was $685 million, below D&A levels, and will remain below for FY25[6] - 2025 CapEx is now expected to be $2.5 billion, a reduction of ~$1 billion compared to the original plan of $3.5 billion[9,45] - The company is expanding the scope of its European asset review to include 3 additional upstream assets for further action, potentially leading to idling or shutting down facilities[6,9] Segment Performance Highlights - Packaging & Specialty Plastics: Revenue of $5.31 billion in 1Q25[11] - Industrial Intermediates & Infrastructure: Revenue of $2.855 billion in 1Q25[16] - Performance Materials & Coatings: Revenue of $2.071 billion in 1Q25[23] Outlook & Cash Support - Expect to receive initial cash proceeds of ~$2.4 billion for a 40% equity stake in select USGC infrastructure assets, with a potential additional ~$600 million if an option is exercised[45]

Dow Inc. (DOW) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 200%. A quarter ago, it was expected that this materials science would post earnings of $0.23 per share when it actually produced break-even earnings, delivering a surprise of -100%.Over the last four quarters, t ...

Exhibit 99.1 April 24, 2025 Dow Reports First Quarter 2025 Results Launches Action Plan to Further Reduce Spending, Right-Size Capacity, and Deliver $6 Billion in Cash Support 1Q25 FINANCIAL HIGHLIGHTS REDUCING SPENDING, RIGHT-SIZING CAPACITY, AND DELIVERING CASH SUPPORT CEO QUOTE "We remain focused on disciplined execution and increased actions to improve profitability and support cash flow," said Jim Fitterling, Dow chair and CEO. "Despite ongoing macroeconomic challenges, Team Dow delivered a sixth conse ...