Dow (NYSE:DOW) Q4 2025 Earnings call January 29, 2026 08:00 AM ET Company ParticipantsAndrew Riker - VP of Investor RelationsDavid Begleiter - Managing DirectorFrank Mitsch - PresidentJeff Tate - CFOJim Fitterling - Chair and CEOKaren S. Carter - COOKevin McCarthy - PartnerMatthew Blair - Managing DirectorMike Sison - Managing DirectorVincent Andrews - Managing DirectorConference Call ParticipantsChris Parkinson - Senior Research Analyst of Chemicals, Agriculture and PackagingDuffy Fischer - Equity Research ...

Dow (NYSE:DOW) Q4 2025 Earnings call January 29, 2026 08:00 AM ET Company ParticipantsAndrew Riker - VP of Investor RelationsDavid Begleiter - Managing DirectorFrank Mitsch - PresidentJeff Tate - CFOJim Fitterling - Chair and CEOKaren S. Carter - COOKevin McCarthy - PartnerMatthew Blair - Managing DirectorMike Sison - Managing DirectorVincent Andrews - Managing DirectorConference Call ParticipantsChris Parkinson - Senior Research Analyst of Chemicals, Agriculture and PackagingDuffy Fischer - Equity Research ...

Dow (NYSE:DOW) Q4 2025 Earnings call January 29, 2026 08:00 AM ET Speaker13...welcome to the Dow Fourth Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If you would like to ask a question during that time, please press Star followed by one on your telephone keypad. As a reminder, this conference is being recorded. I would now like to turn the call over to Dow Investor Relations Vice Pres ...

公司战略与重组计划 - 陶氏公司宣布将裁员4,500人 作为其名为“转型以超越”的精简运营计划的一部分 [1] - 此次裁员预计将带来20亿美元的近期收入增长 但同时会产生11亿至15亿美元的一次性成本 包括遣散费及其他费用 [1] - 公司首席运营官表示 该计划旨在实现显著的增长和生产力提升 以增强公司的竞争地位 目标是建立一个更具韧性、能持续增长并创造更大股东价值的公司 [3] 裁员影响与市场反应 - 裁员人数约占公司总员工数的12% 根据数据 截至2024年12月陶氏拥有36,000名员工 [2] - 公司股价在盘前交易中上涨约3% [3] 行业背景与公司近期表现 - 与同行类似 陶氏近年来面临需求疲软、监管趋严以及生产成本上升的挑战 [4] - 在最新财报中 公司报告调整后每股亏损0.34美元 优于分析师预期的每股亏损0.46美元 公司将此归因于“自助措施” [4] 行业趋势 - 陶氏是越来越多进行裁员以推动人工智能和效率的公司之一 例如 Pinterest本周早些时候宣布计划裁员15% 亚马逊周三也表示将裁员16,000人 [5]

核心业绩表现 - 公司2025年第四季度每股亏损0.34美元，优于市场预期的每股亏损0.47美元，实现26.85%的盈利惊喜 [1] - 公司2025年第四季度营收为94.6亿美元，低于市场预期0.29%，较去年同期的104.1亿美元下降 [2] - 在过去四个季度中，公司三次超过每股收益预期，但仅一次超过营收预期 [2] 近期股价与市场比较 - 公司股价自年初以来上涨约18.8%，同期标普500指数仅上涨1.9% [3] - 公司股票当前的Zacks评级为4级（卖出），预计短期内表现将弱于市场 [6] 未来业绩展望 - 市场对公司下一季度的普遍预期为营收102.6亿美元，每股亏损0.16美元 [7] - 市场对公司当前财年的普遍预期为营收405.3亿美元，每股亏损0.23美元 [7] - 在本次财报发布前，公司的盈利预期修正趋势不利 [6] 行业状况与同业比较 - 公司所属的Zacks化工-多元化行业，在250多个Zacks行业中排名处于后14% [8] - 同业公司Stepan Co. 预计将报告2025年第四季度每股收益0.35美元，同比增长191.7% [9] - Stepan Co. 预计季度营收为5.652亿美元，较去年同期增长7.5% [9]

As part of a cost-saving program, the chemicals giant will lean on artificial intelligence to increase productivity. ...

4Q 2025 Results January 29, 2026 Agenda ▪ Performance Update ▪ Operating Segment Details ▪ Outlook ▪ Transform to Outperform to Deliver >$2B Near-Term Op. EBITDA Uplift ▪ Navigating the Near-Term with Financial Flexibility and Decisive Actions Performance Update Solid 4Q Results Supported by Strong Self Help Actions to Manage the Near-Term and Strengthen Long-Term Competitiveness Accelerating Strategic Actions in 2026 3 Net Sales $3.3B Operating EBITDA Returned to Shareholders Full Year 2025 $40.0B $1.5B No ...

Thursday, Dow reported a fourth-quarter per-share loss of 34 cents from sales of $9.5 billion. Wall Street was looking for a 46-cent loss from sales of $9.5 billion. ...

公司成本削减与重组计划 - 公司计划裁员4500名员工以实施一项成本节约计划 [1] - 该计划将导致一次性费用在11亿至15亿美元之间 [1] 公司战略与运营调整 - 公司将依靠人工智能技术来提高生产力 [1] - 该计划的目的是增强股东回报 [1]

Dow Inc. (DOW) shares fell about 2.6% in premarket trading Thursday, erasing an earlier gain, after the company announced a broad restructuring initiative and reported a deeper net loss. The chemical maker (DOW) swung to a profit with earnings ...