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Compared to Estimates, Dow Inc. (DOW) Q4 Earnings: A Look at Key Metrics
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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:
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.
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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Compared to Estimates, Dow Inc. (DOW) Q4 Earnings: A Look at Key Metrics
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.