Dow (DOW) Beats Earnings and Sales Estimates in Q4

DOW

Dow Inc. (DOW - Free Report) is a material science company, providing a world-class portfolio of advanced, sustainable and leading-edge products.

Earnings

Dow’s adjusted earnings were 78 cents per share for the fourth quarter. The figure surpassed the Zacks Consensus Estimate of 74 cents.

Revenues

Dow posted revenues of $10,204 million. It also beat the Zacks Consensus Estimate of $10,015.4 million.  

 

 

Estimate Trend

Investors should note that the earnings estimate for Dow for the fourth quarter have gone down over the past month.

Key Stats/Developments to Note

Dow removed more than $35 million of stranded costs in the fourth quarter. It also returned $611 million to shareholders in the quarter through dividend and share repurchase.

Zacks Rank

Dow currently has a Zacks Rank #3 (Hold), but that could change following its earnings report which has just released. Meanwhile, you can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Market Reaction

Dow’s shares were inactive following the release. It would be interesting to see how the market reacts to the results during the trading session today.

Check back later for our full write up on Dow’s earnings report!

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