While the top- and bottom-line numbers for Dow Inc. (DOW) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
The commodity-chemicals firm reported second-quarter numbers that missed on the top and bottom lines.
Dow Inc. (DOW) came out with quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.75 per share a year ago.
The Dow Jones Industrial Average Index, or the Dow, is one of the most well-known and reliable stock market indicators. It comprises 30 leading U.S. businesses and is widely seen as a benchmark for the U.S. markets overall.
Dow Inc. DOW, -1.39% missed on second-quarter earnings Thursday morning, while flagging a slower-than-anticipated macroeconomic recovery. The materials-science company saw net income of $439 million, or 62 cents a share, compared with $485 million, or 68 cents a share, in the year-earlier period.
U.S. stocks traded lower midway through trading, with the Nasdaq Composite dipping more than 500 points on Wednesday.
Merck's stock has surged 16.8% year-to-date, outpacing the Dow Jones. Keytruda remains a key growth driver, but patent expiration looms in 2028.
Dow Jones biotech giant Amgen, along with Nvidia stock and Coinbase Global, are in or near buy zones on the stock market today.
U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Monday.
A healthy balance sheet is essential for supporting a growing payout. Chevron has a solid five-year plan that accounts for lower oil prices.
With a violent growth-to-value rotation hitting the stock markets, it can be tempted to ditch AI high-flyers and other frothy tech plays for the big blue chips. When it comes to time-tested blue chips, the Dow Jones Industrial Average is a good place to look.
Dow Inc. (DOW) concluded the recent trading session at $54.77, signifying a -1.16% move from its prior day's close.