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Dow's (DOW) Earnings Miss, Sales Beat Estimates in Q1

Zacks Equity Research
·2-min read

Dow Inc. DOW is a material science company, providing a world-class portfolio of advanced, sustainable and leading-edge products.

Earnings

Dow’s adjusted earnings were 59 cents per share for the first quarter. The figure trailed the Zacks Consensus Estimate of 60 cents.

Revenues

Dow posted revenues of $9,770 million. It beat the Zacks Consensus Estimate of $9,575.7 million.  

Dow Inc. Price and EPS Surprise

 

Dow Inc. Price and EPS Surprise
Dow Inc. Price and EPS Surprise

Dow Inc. price-eps-surprise | Dow Inc. Quote

 

Estimate Trend

Investors should note that the earnings estimate for Dow for the first quarter have gone down over the past month.

Key Stats/Developments to Note

Dow realized more than $30 million of savings from stranded cost removal in the first quarter. It also returned $643 million to shareholders in the quarter through dividend and share repurchase.

Zacks Rank

Dow currently has a Zacks Rank #5 (Strong Sell), 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.

Market Reaction

Dow’s shares were down 0.2% in pre-market trading. 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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