Dow Inc. reports results for the quarter ended September 30 - Earnings Summary

• Dow Inc. DOW.N reported quarterly adjusted earnings of 71 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -19 cents. The mean expectation of nineteen analysts for the quarter was for earnings of 64 cents per share. Wall Street expected results to range from 57 cents to 70 cents per share.

• Revenue rose 13% to $11.27 billion from a year ago; analysts expected $11.27 billion.

• Dow Inc.'s reported EPS for the quarter was 62 cents​.

• The company reported quarterly net income of $458 million.

• Dow Inc. shares had risen by 10.3% this quarter and gained 29.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 27.9% in the last three months.​

• In the last 30 days, seven analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 13 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the commodity chemicals peer group is "buy."

• Wall Street's median 12-month price target for Dow Inc. is $33.00, about 7.9% above its last closing price of $30.38

This summary was machine generated from LSEG data October 22 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)