NYSE:DOWChemicals
Dow (DOW) Profitability Forecast Challenges Bearish Narratives Despite Five Years of Rising Losses
Dow (DOW) remains in the red, with net losses accelerating at an average rate of 27.6% per year over the last five years. Despite the ongoing unprofitability, investors are eyeing a potential turnaround as earnings are forecast to grow by 69.97% annually. A return to profitability is expected within the next three years. In contrast, revenue is projected to edge up by just 1.9% per year, trailing the broader US market’s 10.1% average growth. With shares trading at $24.81, well above the...