Dow Q3 Adj. EPS $0.48 Beats $0.44 Estimate, Sales $10.73B Beat $10.32B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dow (NYSE:DOW) reported Q3 earnings of $0.48 per share, beating the analyst consensus estimate of $0.44 by 9.09%. This is a 56.76% decrease from the same period last year. The company also reported quarterly sales of $10.73 billion, beating the analyst consensus estimate of $10.32 billion by 3.97%, but a 23.98% decrease from the same period last year.
October 24, 2023 | 10:03 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Dow's Q3 earnings and sales beat estimates but are significantly lower than the same period last year.
While Dow beat the estimates for Q3 earnings and sales, the significant decrease from the same period last year could potentially concern investors. This mixed result makes it difficult to predict the short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100