Dow third-quarter profit beats estimates on higher prices
© Reuters. FILE PHOTO: The Dow Chemical logo is displayed on a board above the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S. on December 22, 2015. REUTERS/Lucas Jackson/File Photo) beat Wall Street estimates for third-quarter profit on Tuesday, as the chemicals maker benefited from higher prices for its products used in making goods ranging from plastics and paints to building materials.
The company's adjusted profit was 48 cents per share for the three months ended Sept. 30, compared with analysts' average estimate of 44 cents per share, according to LSEG data.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Include punctuation and upper and lower cases.
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