(Reuters) - But shares of the company fell 6 percent, as some analysts argued that a lower-than-expected tax rate helped raise earnings above Wall Street's expectations.
Dow, the No. 1 U.S. chemical maker by sales, posted a second-quarter profit of $1.04 billion, or $1.07 a share, up from $1.02 billion, or $1.05 a share, a year earlier. Analysts, on average, had forecast earnings of $1.05 a share, according to Reuters Estimates.
Read more at Reuters.com Business News
Dow, the No. 1 U.S. chemical maker by sales, posted a second-quarter profit of $1.04 billion, or $1.07 a share, up from $1.02 billion, or $1.05 a share, a year earlier. Analysts, on average, had forecast earnings of $1.05 a share, according to Reuters Estimates.
Read more at Reuters.com Business News
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