01-02-2018 18:51 via finance.yahoo.com

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.
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