Dow Earnings Higher Second Quarter Revenue By Investing.com


© Reuters. Dow Profits, Higher Second Quarter Revenue

Investing.com – Dow on Thursday reported a second quarter that beat analysts’ expectations and earnings above expectations.

Dow reported earnings per share of $ 2.72 on revenue of $ 13.86 billion. Analysts polled by Investing.com were forecasting EPS of $ 2.36 on revenue of $ 13.06 billion.

Dow shares are up 7% year-to-date, still down 16.32% from their 52-week high of $ 71.38 set on May 18. They underperform the Dow Jones, which is up 13.69% since the start of the year.

Dow tracks other major commodities sector earnings this month

The Dow report follows a missed profit by PPG Industries on Monday, which reported EPS of $ 1.94 on revenue of $ 4.36 billion, against expected EPS of $ 2.2 on a revenue of $ 4.34 billion.

Akzo Nobel ADR missed expectations on Wednesday with second-quarter EPS of $ 0.4715 on revenue of $ 2.96 billion, compared to expected EPS of $ 0.5462 on revenue of 3 , $ 2 billion.

Stay up to date on all upcoming income reports by visiting Investing.com results calendar

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