Dow Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Dow (NYSE:DOW) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$10.9b (up 1.4% from 3Q 2023).
• Net income: US$214.0m (down 29% from 3Q 2023).
• Profit margin: 2.0% (down from 2.8% in 3Q 2023).
• EPS: US$0.30 (down from US$0.43 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Dow Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 35%.

Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Chemicals industry in the US.

Performance of the American Chemicals industry.

The company's shares are down 3.9% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Dow that you should be aware of.

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