What to Expect From Dow’s Report

Availability of Download. (DOW), market value of $ 20.1 billion, innovative and sustainable solutions across the main sectors including packaging, infrastructure, mobility and consumer care. Its headquarters is located in Midland, Michigan, and is known for its advanced scale and technology, especially the operation of the world’s largest ethylene cracking in Fribport, Texas, as part of the wide global manufacturing network. Dow is scheduled to reach its profits in the second quarter before the opening of the market on Thursday, July 24.

Before the event, analysts expect the material science company to report a loss of $ 0.06 per share, a decrease of 108.8 % of a profit of $ 0.68 per share in the same quarter of last year. The company has exceeded Wall Street estimates at the bottom in two of the past four quarters, while it was lost on two other occasions.

For the current year, analysts expect that DOW will report $ 0.31, a decrease of 81.9 % from $ 1.71 in the fiscal year 2024. However, the share profitability in the fiscal year 2026 is expected to recover, which improves 167.7 % annually to $ 0.83.

Over the past 52 weeks, DOW has decreased by 46.2 %, increasing the performance of both S&P 500 Index ($ Spx) 13.4 % and increased SPDR SPDR STCT (XLB) by 4.1 % during the same period.

On June 23, Dow’s shares fell by more than 3 % after the classification was reduced by BMO CAPITAL Markets. The company reviewed its classification on stocks from “market performance” to “weak performance” and set a new goal of $ 22, indicating more careful expectations of the company’s short term. The reduction reflected concerns about the possible opposite winds facing the final Dow markets, including continuing the smoothness in global demand and pressure on margins, which can affect the company’s profits and future stock performance.

Show analysts’ consensus on a DOW stock cautious, with a “comment” in general. Of the 18 analysts covering the arrow, two recommends a “strong purchase”, 14 give “a comment”, one of them suggests “moderate sale” and one “strong sale”. The average target price of $ 32.72 means the 15 % rise capabilities of the prevailing market prices.

On the date of publication, Kritika Sarmah did not have positions (either directly or indirectly) in any of the securities mentioned in this article. All information and data in this article are only for media purposes. This article was originally published on Barchart.com