Dow Q3 2024 Adj. EPS $0.47 Beats $0.46 Estimate, Sales $10.879B Beat $10.645B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dow Inc. reported Q3 2024 earnings per share of $0.47, surpassing the analyst estimate of $0.46. Sales were $10.879 billion, exceeding the expected $10.645 billion. Despite beating estimates, EPS decreased by 2.08% from last year, while sales increased by 1.39%.
October 24, 2024 | 10:01 am
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Dow Inc. reported Q3 2024 earnings per share of $0.47, beating the analyst estimate of $0.46. Sales were $10.879 billion, exceeding the expected $10.645 billion. EPS decreased by 2.08% from last year, while sales increased by 1.39%.
Dow's earnings and sales both exceeded analyst expectations, which is generally positive for the stock price. However, the slight decrease in EPS compared to last year may temper enthusiasm. Overall, the beat on estimates is likely to have a positive short-term impact on the stock.
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