Markets

Dow's (DOW) Earnings & Revenues Beat Estimates in Q3

Dow Inc. DOW is a material science company, providing a world-class portfolio of advanced, sustainable and leading-edge products.

Earnings

Dow’s adjusted earnings were 91 cents per share for the third quarter. The figure surpassed the Zacks Consensus Estimate of 72 cents.

Revenues

Dow posted revenues of $10,764 million. It beat the Zacks Consensus Estimate of $10,707.6 million.  

Estimate Trend

Investors should note that the earnings estimate for Dow for the third quarter have been stable over the past month.

Dow Inc. Price and EPS Surprise

 

Dow Inc. Price and EPS Surprise

Dow Inc. price-eps-surprise | Dow Inc. Quote

 

Key Stats/Developments to Note

Dow completed $1.365 billion cost synergy program and removed $40 million of stranded costs in the third quarter. It also returned $0.6 billion to shareholders in the quarter through dividend and share repurchase.

Zacks Rank

Dow currently has a Zacks Rank #3 (Hold), but that could change following its earnings report which has just released. Meanwhile, you can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Market Reaction

Dow’s shares were inactive following the release. It would be interesting to see how the market reacts to the results during the trading session today.

Check back later for our full write up on Dow’s earnings report!

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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