Investing.com – Dow reported on Thursday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.
Dow announced earnings per share of $0.81 on revenue of $10.71B. Analysts polled by Investing.com anticipated EPS of $0.6612 on revenue of $10B.
Dow shares are down 2% from the beginning of the year, still down 11.26% from its 52 week high of $61.29 set on January 13. They are under-performing the S&P Global 100 which is up 1.8% from the start of the year.
Dow follows other major Basic Materials sector earnings this month
Dow’s report follows an earnings beat by Southern Copper on Monday, who reported EPS of $0.76 on revenue of $2.35B, compared to forecasts EPS of $0.7088 on revenue of $2.03B.
Freeport-McMoran had beat expectations on Tuesday with fourth quarter EPS of $0.39 on revenue of $4.5B, compared to forecast for EPS of $0.3838 on revenue of $4.32B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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