Dow Inc. DOW is a material science company, providing a world-class portfolio of advanced, sustainable and leading-edge products.
Dow’s adjusted earnings were 91 cents per share for the third quarter. The figure surpassed the Zacks Consensus Estimate of 72 cents.
Dow posted revenues of $10,764 million. It beat the Zacks Consensus Estimate of $10,707.6 million.
Investors should note that the earnings estimate for Dow for the third quarter have been stable over the past month.
Dow Inc. Price and EPS Surprise
Dow Inc. price-eps-surprise | Dow Inc. Quote
Key Stats/Developments to Note
Dow completed $1.365 billion cost synergy program and removed $40 million of stranded costs in the third quarter. It also returned $0.6 billion to shareholders in the quarter through dividend and share repurchase.
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.
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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