Investing.com - Dow reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Dow announced earnings per share of $2.15 on revenue of $14.36B. Analysts polled by Investing.com anticipated EPS of $2.05 on revenue of $14.3B.
Dow shares are down 0% from the beginning of the year, still down 19.84% from its 52 week high of $71.38 set on May 18, 2021. They are outperforming the S&P Global 100 which is down 5.99% from the start of the year.
Dow follows other major Materials sector earnings this month
Dow's report follows an earnings missed by Sherwin-Williams on January 14, who reported EPS of $1.35 on revenue of $4.76B, compared to forecasts EPS of $1.68 on revenue of $4.76B.
Freeport-McMoran had beat expectations on Wednesday with fourth quarter EPS of $0.96 on revenue of $6.16B, compared to forecast for EPS of $0.9519 on revenue of $6.48B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar