Dow Q2 2024 Adj EPS $0.68 Misses $0.72 Estimate, Sales $10.915 Miss $11.007B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dow Inc. (NYSE:DOW) reported Q2 2024 adjusted earnings per share (EPS) of $0.68, missing the analyst consensus estimate of $0.72. The company also reported quarterly sales of $10.915 billion, which fell short of the $11.007 billion estimate. Both EPS and sales figures represent declines from the same period last year.
July 25, 2024 | 10:01 am
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Dow Inc. reported Q2 2024 adjusted EPS of $0.68, missing the $0.72 estimate, and sales of $10.915 billion, missing the $11.007 billion estimate. Both figures are down from the same period last year.
Dow Inc.'s Q2 2024 earnings and sales both missed analyst estimates and showed declines from the previous year. This is likely to negatively impact the stock price in the short term as investors react to the weaker-than-expected financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100