Stock Groups

Dow Earnings, Revenue Beat in Q3 -Breaking

by Mike Robinson

[ad_1]

© Reuters. Dow Earnings and Revenue Beats in Q3

Dow released its third quarter report on Thursday via Investing.com. It beat analyst’s forecasts with revenue that exceeded all expectations.

Dow declared earnings per share (EPS) of $2.75 on revenue $14.84B. Investing.com polled analysts and predicted an EPS of 2.56 for revenue $14.26B.

Dow shares have risen 7% since the start of the year but are still 16.10% below its 52-week high of $71.38, set May 18. The Dow Jones is performing better than them, which has risen 16.35% since the beginning of the year.

Dow and other important Basic Materials sector earnings follow Dow this month

Dow’s earnings report comes after PPG Industries reported an earnings beat on Wednesday. They reported EPS at $1.69 for revenue $4.37B. This compares to PPG Industries forecasts of EPS at $1.59 for revenue $4.26B.

Akzo Nobel’s ADR missed its expectations Wednesday, with a third-quarter EPS at $0.3611 for $2.81B on revenue. This compares to the $0.3829 forecasted on revenue $2.95B.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

Disclaimer Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]