The US indices have all shown a bit of strength in the early hours of Friday, as the market continues to see a lot of questions asked about the global economy, as well as the growth trajectory. Keep in mind that we are in the midst of earnings season.
While the top- and bottom-line numbers for Dow Inc. (DOW) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Dow Inc. (NYSE:DOW ) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Andrew Riker - IR, VP Jim Fitterling - Chair and CEO Jeff Tate - CFO Conference Call Participants Vincent Andrews - Morgan Stanley Hassan Ahmed - Alembic Global Richard Garchitorena - Wells Fargo Securities Jeff Zekauskas - JPMorgan Bhavesh Lodaya - BMO Capital Markets David Begleiter - Deutsche Bank Steve Byrne - Bank of America Josh Spector - UBS Chris Parkinson - Wolfe Research Patrick Cunningham - Citi Kevin McCarthy - Vertical Research Partners Frank Mitsch - Fermium Research John Roberts - Mizuho Mike Leithead - Barclays Duffy Fischer - Goldman Sachs Matthew Blair - TPF Aleksey Yefremov - KeyBanc Laurence Alexander - Jefferies Arun Viswanathan - RBC Capital Markets Operator Greetings, and welcome to the Dow Third Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode.
Higher sales in the United States and Canada drive DOW's top line in the third quarter amid headwinds from an unplanned cracker outage in Texas.
The US indices in the early hours of Thursday look as if they are trying to recover, as the market is waiting for the PMI figures in America.
Dow Inc. (DOW) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.48 per share a year ago.
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Greed” zone on Wednesday.
Benchmark 10-year US Treasury yields were at three-month highs, putting stocks under pressure.
Fresh off 3M (MMM) and Boeing (BA) earnings today, the struggling Dow Jones Industrial Average (DJI) barely gets a breather before another blue chip steps into the confessional.
McDonald's stock is slumping Wednesday after the CDC said an E. coli outbreak is linked to the restaurant's Quarter Pounders.
U.S. stocks traded lower this morning, with the Dow Jones index dipping more than 250 points on Wednesday.
The US indices have all seen a little pressure in the early hours of Wednesday, as we are paying close attention to the interest rates in the bond market rising, causing a bit of concern.