Dow Inc reports results for the quarter ended March 31 - Earnings Summary

• Dow Inc DOW.N reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 56 cents. The mean expectation of nineteen analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -9 cents to 13 cents per share.

• Revenue fell 3.1% to $10.43 billion from a year ago; analysts expected $10.24 billion.

• Dow Inc's reported EPS for the quarter was a loss of 44 cents​.

• The company reported a quarterly loss of $307 million.

• Dow Inc shares had fallen by 17.0% this quarter and lost 27.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 102.2% in the last three months.​

• In the last 30 days, fifteen analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 18 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the commodity chemicals peer group is also "hold"

• Wall Street's median 12-month price target for Dow Inc is $37.00

This summary was machine generated from LSEG data April 24 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)