9:52am: Stocks wobble US markets opened lower Friday, as investors took a cautious step back after a strong three-day rally. All three major indexes dipped out of the gate: the Dow fell 187 points, or 0.5%, to 39,907; the S&P 500 lost 13 points, or 0.2%, to 5,471; and the Nasdaq edged down 23 points, or 0.1%, to 17,143.
Dow's Q1 earnings report shows Y/Y declines in all key segments and overall revenue. With the pricing and earnings pressure, I expect the company to be in a cash conservation mode for the next 1–2 years. This could limit its growth outlook and capital allocation.
Dow's shares have underperformed due to weak pricing power, manufacturing activity, and Chinese construction market, with a 40% drop since my last "buy" recommendation. Given weak results, Dow is aggressively cutting costs and improving liquidity, including job cuts, delaying projects, and selling assets to preserve cash. The 9.6% dividend yield is at risk, especially if the economy worsens, with a potential 25-50% chance of a significant cut.
Dow Inc. (NYSE:DOW ) Q1 2025 Earnings Conference Call April 24, 2025 8:00 AM ET Company Participants Andrew Riker - Vice President, Investor Relations Jim Fitterling - Chairman & Chief Executive Officer Karen S. Carter - Chief Operating Officer Jeff Tate - Chief Financial Officer Conference Call Participants Vincent Andrews - Morgan Stanley Mike Sison - Wells Fargo David Begleiter - Deutsche Bank Chris Parkinson - Wolfe Research Chris Perrella - UBS Jeff Zekauskas - JPMorgan Matthew Blair - Tudor Pickering Hassan Ahmed - Alembic Global Kevin McCarthy - Vertical Research Frank Mitsch - Fermium Research Operator Greetings, and welcome to the Dow First Quarter 2025 Earnings Conference Call.
Although the revenue and EPS for Dow Inc. (DOW) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
DOW achieves sixth straight quarter of year-over-year volume growth amid a challenging macroeconomic environment in Q1.
The early hours of Thursday look like we are going to see a bit of ‘give back' from the US indices after a strong move higher. This makes sense, as the market will continue to move on the latest noise from tariffs, and the earnings season is going on at
Dow Inc. (DOW) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to earnings of $0.56 per share a year ago.
Going against the grain often works in investing. Several of the most successful investors are contrarians by nature.
The Dow Jones Industrial Average (DJIA) tends to hold its own a bit better than the S&P 500 and a lot better than the Nasdaq 100 when the stock market flirts with bear market territory.
DOW is expected to have benefited from its productivity initiatives amid headwinds from soft demand and pricing and cost pressures in Q1.
US stocks are expected to bounce back a tad on Tuesday after a tumultuous start to the week as financial markets were gripped by political tension and investor nerves over trade and monetary policy. Futures markets are pointing to gains of 0.8% for the three main stock indexes, a day after the Dow Jones plunged 2.5%, S&P 500 dropped 2.4% and the Nasdaq fell 2.6%.