For the quarter ended December 2022, Dow Inc. (DOW - Free Report) reported revenue of $11.86 billion, down 17.4% over the same period last year. EPS came in at $0.46, compared to $2.15 in the year-ago quarter.
The reported revenue represents a surprise of -1.46% over the Zacks Consensus Estimate of $12.03 billion. With the consensus EPS estimate being $0.57, the EPS surprise was -19.3%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Dow Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue - Packaging & Specialty Plastics: $6.07 billion versus the four-analyst average estimate of $6.28 billion. The reported number represents a year-over-year change of -15.5%.
- Revenues-Corporate: $75 million versus $50.02 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +8.7% change.
- Revenue - Performance Materials & Coatings: $2.06 billion versus $2.26 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -19.6% change.
- Revenue - Industrial Intermediates & Infrastructure: $3.65 billion versus $3.55 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -19.7% change.
- Adjusted EBITDA - Packaging & Specialty Plastics: $975 million compared to the $1.09 billion average estimate based on four analysts.
- Adjusted EBITDA - Corporate: -$83 million versus -$71.01 million estimated by four analysts on average.
- Adjusted EBITDA - Performance Materials & Coatings: $67 million compared to the $329.19 million average estimate based on four analysts.
- Adjusted EBITDA - Industrial Intermediates & Infrastructure: $296 million versus $326.6 million estimated by four analysts on average.
View all Key Company Metrics for Dow Inc. here>>>
Shares of Dow Inc. have returned +15.8% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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For the quarter ended December 2022, Dow Inc. (DOW - Free Report) reported revenue of $11.86 billion, down 17.4% over the same period last year. EPS came in at $0.46, compared to $2.15 in the year-ago quarter.
The reported revenue represents a surprise of -1.46% over the Zacks Consensus Estimate of $12.03 billion. With the consensus EPS estimate being $0.57, the EPS surprise was -19.3%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Dow Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Dow Inc. here>>>
Shares of Dow Inc. have returned +15.8% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Where Will Stocks Go…
If Biden Wins? If Trump Wins?
The answers may surprise you.
Since 1950, even after negative midterm years, the market has never had a lower presidential election year. With voters energized and engaged, the market has been almost unrelentingly bullish no matter which party wins!
Now is the time to download Zacks' free Special Report with 5 stocks that offer extreme upside for both Democrats and Republicans…
1. Medical manufacturer has gained +11,000% in the last 15 years.
2. Rental company is absolutely crushing its sector.
3. Energy powerhouse plans to grow its already large dividend by 25%.
4. Aerospace and defense standout just landed a potentially $80 billion contract.
5. Giant Chipmaker is building huge plants in the U.S.
Hurry, Download Special Report FREE >>
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