Dow Q4 Adj. EPS $0.43 Beats $0.40 Estimate, Sales $10.62B Beat $10.37B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dow Inc. (NYSE:DOW) reported Q4 adjusted EPS of $0.43, surpassing the consensus estimate of $0.40, and sales of $10.62B, also beating the estimate of $10.37B. However, these figures represent a decrease from the previous year, with earnings down 6.52% and sales down 10.45%.
January 25, 2024 | 11:00 am
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Dow Inc. reported higher-than-expected Q4 earnings and sales, but with a decrease compared to last year's figures.
Beating earnings and sales estimates typically has a positive impact on a company's stock price in the short term. However, the year-over-year decline in both earnings and sales may temper investor enthusiasm, suggesting a more moderate positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100