Dow

Q2 FY2026 EarningsQ2 FY26 beat consensus on both top and bottom lines: revenue $12.1B vs. $12.0B expected, and normalized EPS of $0.99 (based on GAAP results) significantly exceeding the $1.28 miss-aligned expectation due to heavy restructuring charges. Packaging & Specialty Plastics was the strongest segment, with revenue up 27% YoY driven by a 30% increase in local pricing. Management continues to execute its 'Transform to Outperform' strategy, delivering $190M in early EBITDA improvements despite geopolitical headwinds in the Middle East.