Dow Beats Third-Quarter Adjusted Profit Estimates
Dow reported adjusted profit of 71 cents per share for the quarter, helped by higher prices amid a Middle East conflict-driven supply shock and cost-cutting measures.
Dow Inc. (NYSE: DOW) exceeded Wall Street estimates for adjusted profit in the third quarter on Thursday. Higher prices linked to a supply shock driven by the Middle East conflict, along with cost-cutting measures, helped the result. The Michigan-based company posted adjusted profit of 71 cents per share for the quarter ended…