Chemicals maker Dow beats second-quarter profit estimates

Dow, Inc.

Dow, Inc.

DOW

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- Chemicals company Dow Inc DOW.N beat Wall Street estimates for second-quarter adjusted profit on Thursday, helped by higher prices and volumes as a result of the Middle East conflict-driven supply shock.

The Michigan-based company reported an adjusted profit of $1.44 per share for the quarter ended June 30, compared with analysts' average estimate of a profit of $1.28 per share, according to data compiled by LSEG.