2016-07-29

Dow 2Q16 Revenue Highlights

Dow reported earnings per share of $2.61, or operating earnings per share of $0.95. This compares with Earnings per Share (EPS) of $0.97 in the year-ago period, or operating EPS of $0.91. Certain Items in the quarter primarily reflected a $2.20 per share gain related to the Dow Corning ownership restructure and a $0.27 per share charge for costs associated with the restructuring plan announced in the quarter. The tax rate was impacted by Certain Items. Excluding these, the tax rate was within the Company’s modeling guidance.
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