Dow Earnings Higher Second Quarter Revenue By

© Reuters. Dow Profits, Higher Second Quarter Revenue – 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 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 results calendar

Warning: Fusion media would like to remind you that the data contained in this site is not necessarily real time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by the exchanges but rather by market makers. Therefore, the prices may not be exact and differ from the actual market price, which means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media assumes no responsibility for any business losses that you may incur as a result of the use of such data.

Fusion media or anyone involved with Fusion Media will accept no responsibility for any loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Please be fully informed about the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.

Source link