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（纽约证券交易所代码：DOW）公布24财年第一季度业绩后，该公司股价走低。
Sales declined 9% Y/Y to $10.77 billion, beating the consensus of $10.74 billion.
销售额同比下降9％，至107.7亿美元，超过了市场普遍预期的107.4亿美元。
Sales were up 1% sequentially, led by gains in Performance Materials & Coatings and Industrial Intermediates & Infrastructure segments.
在高性能材料和涂料以及工业中间体和基础设施板块增长的带动下，销售额连续增长了1％。
Adjusted EPS was $0.56, above the consensus of $0.45.
调整后的每股收益为0.56美元，高于市场普遍的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.
当地价格同比下降了10％。由于EMEAI的温和涨幅被亚太地区以及美国和加拿大的小幅下跌所抵消，当地价格依次持平。
Volume increased by 1% Y/Y, reflecting gains across all regions except Europe, the Middle East, Africa , and India (EMEAI).
销量同比增长1％，反映了除欧洲、中东、非洲和印度（EMEAI）以外的所有地区的增长。
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.
营业息税前利润从去年同期的7.08亿美元下降至6.74亿美元，而该季度的利润率增长了30个基点至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.
细分市场：包装和特种塑料销售额同比下降11％，至54亿美元，11.1％的营业息税前利润率增长了60个基点。
Industrial Intermediates & Infrastructure sales fell 11% Y/Y to $3.0 billion, and the operating EBIT margin contracted by 70 bps to 2.9%.
工业中间产品和基础设施销售额同比下降11％，至30亿美元，营业息税前利润率收缩70个基点至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%.
高性能材料和涂料销售额同比下降5％，至22亿美元，营业息税前利润率增长40个基点至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.
陶氏本季度持续经营活动提供的现金为4.6亿美元，自由现金流出量为2.54亿美元。
DOW returned $693 million to the shareholders in the quarter, including $493 million in dividends and $200 million in share repurchases.
陶氏在本季度向股东返还了6.93亿美元，其中包括4.93亿美元的股息和2亿美元的股票回购。
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."
董事长兼首席执行官吉姆·菲特林表示：“在短期内，从包装和交通到能源应用等关键终端市场的需求呈连续增长趋势，符合我们在年初的预期。”
"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，随着经济复苏的加强，我们的高价值有机增长投资和我们的优势投资组合使陶氏能够实现收益增长和股东价值的提高。”
"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."
“这使我们能够灵活地推进我们的长期脱碳与增长和废物转化战略，到2030年，每年实现超过30亿美元的基础收益增长。”
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).
投资者可以通过景顺道琼斯工业平均股息ETF（纽约证券交易所代码：DJD）和景顺交易所交易基金信托二期景顺标普超股息收入ETF（纽约证券交易所代码：RDIV）获得股票敞口。
Price Action: DOW shares are down 1.53% at $56.12 at the last check Thursday.
价格走势：道琼斯指数在周四的最后一次检查中下跌1.53％，至56.12美元。
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