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Q2 earnings preview: PMI, AT&T, SAP, Dow Chemical Company

Expectations are high ahead of Philip Morris International Inc. (PMI) 2022 Q2 earnings on Thursday, July 21, 2022 , at 9:00 a.m. ET.  

Also expected is the AT&T intellectual Property (NYSE:T) will release its second-quarter 2022 results at 8.30 a.m. Thursday, July 21, 2022. 

The SAP SE (NYSE: SAP) today announced its financial results for the second quarter ended June 30, 2022. It announced a new share repurchase program.

The program, which might cost up to €500 million, is scheduled to run from August 1 to December 31, 2022.

The Dow Chemical Company(NYSE:DOW) reported its earnings earlier today. 

Operating EPS1 was $2.31 as opposed to $2.72 in the same time last year and $2.34 in the quarter before that. GAAP earnings per share (EPS) was $2.26. 

Significant items in the quarter totaling $0.05 per share, principally associated with digitalization program costs, are excluded from operating EPS.

The $1.3 billion in returns to shareholders for the quarter included $505 million in dividends and $800 million in share repurchases.

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Author

  • Phyllis Wangui

    Phyllis Wangui is a Financial Analyst and News Editor with qualifications in accounting and economics. She has over 20 years of banking and accounting experience, during which she has gained extensive knowledge of the forex, stock news, stock market, forex analysis, cryptos and foreign exchange industries. Phyllis is an avid commentator on these topics and loves to share her insights with others through financial publications and social media platforms.