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Dow Earnings, Revenue Beat in Q4 -Breaking

by Mike Robinson

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© Reuters. Dow Earnings Beat Q4 Revenue

Dow released Thursday’s fourth quarter report on Thursday at Investing.com. The results beat forecasts by analysts and exceeded revenue expectations.

Dow declared earnings per share (EPS) of $2.15, on $14.36B in revenue. Investing.com polled analysts and predicted EPS at $2.05 for revenue $14.3B.

Dow shares fell 0% in the first year but are up 19.84% since its 52-week peak of $71.38, set on May 18, 2020. They are outperforming the S&P Global 100 which is down 5.99% from the start of the year.

Dow and other important Materials Sector earnings follow Dow this month

Dow’s latest earnings report is following Sherwin Williams’ January 14 earnings failure. Sherwin Williams reported EPS $1.35 for $4.76B in revenue, while forecasts predicted EPS $1.68 for $4.76B.

Freeport-McMoran beat all expectations Wednesday, posting fourth quarter earnings per share of $0.96 on $6.16B in revenue. This compares to the $0.9519 forecasted for $6.48B revenue.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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