What's Going On With Chemical Giant Dow Shares Today?
What's Going On With Chemical Giant Dow Shares Today?
Dow Inc (NYSE:DOW) shares are trading lower after the company reported first-quarter FY24 results.
陶氏公司（紐約證券交易所代碼：DOW）公佈24財年第一季度業績後，該公司股價走低。
Sales declined 9% Y/Y to $10.77 billion, beating the consensus of $10.74 billion.
銷售額同比下降9％，至107.7億美元，超過了市場普遍預期的107.4億美元。
Sales were up 1% sequentially, led by gains in Performance Materials & Coatings and Industrial Intermediates & Infrastructure segments.
在高性能材料和塗料以及工業中間體和基礎設施板塊增長的帶動下，銷售額連續增長了1％。
Adjusted EPS was $0.56, above the consensus of $0.45.
調整後的每股收益爲0.56美元，高於市場普遍的0.45美元。
Local price fell 10% year-over-year. Sequentially, local price was flat, as modest gains in EMEAI were offset by slight declines in Asia Pacific and the U.S. & Canada.
當地價格同比下降了10％。由於EMEAI的溫和漲幅被亞太地區以及美國和加拿大的小幅下跌所抵消，當地價格依次持平。
Volume increased by 1% Y/Y, reflecting gains across all regions except Europe, the Middle East, Africa , and India (EMEAI).
銷量同比增長1％，反映了除歐洲、中東、非洲和印度（EMEAI）以外的所有地區的增長。
Operating EBIT declined to $674 million from $708 million a year ago, while the margin expanded by 30 bps to 6.3% for the quarter.
營業息稅前利潤從去年同期的7.08億美元下降至6.74億美元，而該季度的利潤率增長了30個點子至6.3％。
Segment: Packaging & Specialty Plastics sales decreased 11% Y/Y to $5.4 billion, and the operating EBIT margin of 11.1% was up by 60 bps.
細分市場：包裝和特種塑料銷售額同比下降11％，至54億美元，11.1％的營業息稅前利潤率增長了60個點子。
Industrial Intermediates & Infrastructure sales fell 11% Y/Y to $3.0 billion, and the operating EBIT margin contracted by 70 bps to 2.9%.
工業中間產品和基礎設施銷售額同比下降11％，至30億美元，營業息稅前利潤率收縮70個點子至2.9％。
Performance Materials & Coatings sales declined 5% Y/Y to $2.2 billion, and the operating EBIT margin grew by 40 bps to 1.9%.
高性能材料和塗料銷售額同比下降5％，至22億美元，營業息稅前利潤率增長40個點子至1.9％。
DOW's cash provided by operating activities from continuing operations for the quarter was $460 million , and free cash outflow came in at $(254) million.
陶氏本季度持續經營活動提供的現金爲4.6億美元，自由現金流出量爲2.54億美元。
DOW returned $693 million to the shareholders in the quarter, including $493 million in dividends and $200 million in share repurchases.
陶氏在本季度向股東返還了6.93億美元，其中包括4.93億美元的股息和2億美元的股票回購。
Jim Fitterling, chair and chief executive officer, said, "In the near-term, demand in key end-markets from packaging and mobility to energy applications are trending sequentially higher and in-line with our expectations at the start of the year."
董事長兼首席執行官吉姆·菲特林表示：“在短期內，從包裝和交通到能源應用等關鍵終端市場的需求呈連續增長趨勢，符合我們在年初的預期。”
"In addition, our high-value organic growth investments and our advantaged portfolio position Dow well to deliver earnings growth and enhanced shareholder value as the economic recovery gathers strength."
“此外，隨着經濟復甦的加強，我們的高價值有機增長投資和我們的優勢投資組合使陶氏能夠實現收益增長和股東價值的提高。”
"This allows us the financial flexibility to advance our long-term Decarbonize & Grow and Transform the Waste strategies and capture more than $3 billion in underlying earnings improvement annually by 2030."
“這使我們能夠靈活地推進我們的長期脫碳與增長和廢物轉化戰略，到2030年，每年實現超過30億美元的基礎收益增長。”
Investors can gain exposure to the stock via Invesco Dow Jones Industrial Average Dividend ETF (NYSE:DJD) and Invesco Exchange-Traded Fund Trust II Invesco S&P Ultra Dividend Revenue ETF (NYSE:RDIV).
投資者可以通過景順道瓊斯工業平均股息ETF（紐約證券交易所代碼：DJD）和景順交易所交易基金信託二期景順標普超股息收入ETF（紐約證券交易所代碼：RDIV）獲得股票敞口。
Price Action: DOW shares are down 1.53% at $56.12 at the last check Thursday.
價格走勢：道瓊斯指數在週四的最後一次檢查中下跌1.53％，至56.12美元。
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照片來自 Shutterstock
譯文內容由第三人軟體翻譯。