DowDuPont's earnings forecast misses estimates, shares fall
Shares of the company, formed by the merger of chemical giants Dow Chemical and DuPont, were down 2.5 percent at $73.56 on Thursday. DowDuPont said it expected earnings per share to grow in the mid-to-high teens percentage range, implying earnings of $3.90-$4.05. The chemicals giant said it raised prices by about 5 percent across markets in the fourth quarter, while volumes – a proxy for demand – rose 6 percent.
Source:: https://finance.yahoo.com/news/dowdupont-upbeat-growth-sales-rise-14-percent-110411856–finance.html
