Dow Q2 EPS $0.75 Beats $0.70 Estimate, Sales $11.42B Beat $11.27B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dow (NYSE:DOW) reported Q2 earnings of $0.75 per share, beating the analyst consensus estimate of $0.70 by 7.14%. However, this is a 67.53% decrease from the same period last year. The company also reported quarterly sales of $11.42 billion, beating the estimate of $11.27 billion by 1.33%, but this is a 27.09% decrease from last year.
July 25, 2023 | 10:01 am
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NEUTRAL IMPACT
Dow's Q2 earnings and sales beat estimates but are significantly down YoY. This mixed result could lead to uncertainty in the market.
While Dow beat estimates for Q2 earnings and sales, the significant YoY decreases could cause concern among investors. This mixed result could lead to uncertainty in the market, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100