Stock Analysis
- United States
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- Chemicals
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- NYSE:DOW
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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:DOW
Dow
Through its subsidiaries, engages in the provision of various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America.