Dow Inc. (NYSE:DOW) shares are trading lower after it revised its third-quarter outlook.
The company lowered its guidance for revenue to around $10.6 billion (vs. consensus $11.0 billion) from $11.1 billion earlier and expects operating EBITDA of around $1.3 billion.
The revised outlook reflects a major unplanned event at a Texas ethylene cracker in late July, alongside higher input costs and margin compression in Europe.
However, these challenges are expected ...
