Investing.com - Dow reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Dow announced earnings per share of $2.31 on revenue of $15.66B. Analysts polled by Investing.com anticipated EPS of $2.14 on revenue of $15.54B.
Dow shares are down 7% from the beginning of the year, still down 26.87% from its 52 week high of $71.86 set on April 21. They are outperforming the S&P Global 100 which is down 15.08% from the start of the year.
Dow follows other major Materials sector earnings this month
Dow's report follows an earnings beat by Steel Dynamics on Wednesday, who reported EPS of $6.73 on revenue of $6.21B, compared to forecasts EPS of $6.05 on revenue of $5.94B.
Akzo Nobel ADR had beat expectations on Thursday with second quarter EPS of $0.84 on revenue of $2.85B, compared to forecast for EPS of $0.4111 on revenue of $3.04B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar