Dow Earnings, Revenue Beat in Q1
2022.04.21 13:06
Dow Earnings, Revenue Beat in Q1
Investing.com – Dow reported on Thursday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Dow announced earnings per share of $2.34 on revenue of $15.26B. Analysts polled by Investing.com anticipated EPS of $2.01 on revenue of $14.42B.
Dow shares are up 19% from the beginning of the year, still down 5.38% from its 52 week high of $71.38 set on May 18, 2021. They are outperforming the S&P Global 100 which is down 4.67% from the start of the year.
Dow follows other major Materials sector earnings this month
Dow’s report follows an earnings beat by Anhui Conch Cement Co on March 25, who reported EPS of $1.61 on revenue of $7.26B, compared to forecasts EPS of $1.47 on revenue of $10.46B.
Steel Dynamics had beat expectations on Wednesday with first quarter EPS of $6.02 on revenue of $5.57B, compared to forecast for EPS of $5.42 on revenue of $5.33B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
