Dow Chemicals can be a great pick In Chemical Industry

摘要

DOW Chemicals (NYSE:DOW) recently reported its second quarter earnings report. The company declared its adjusted earnings per share (EPS) of $0.74 reflecting y-o-y growth of 16 percent. Moreover, it declared revenue growth of 2.3%bringing the revenues to $14.92 billion. Most of the revenue growth was driven by both the performance plastics and performance materials divisions. The revenue growth was only 2.3 percent but the better than expected results were primarily driven by adjusted EBITDA margin, which improved by approximately 40 basis points. However, the question that comes to mind is whether or not these operating divisions can continue to perform well in the future. Therefore, it shall be desirable to discuss the future outlook of these operating segments in detail.