Investing.com – Dow reported on Thursday second quarter that missed analysts’ forecasts and income that topped expectations.
Dow introduced earnings per share of $-0.26 on income of $8.35B. Analysts polled by Investing.com anticipated EPS of $-0.23 on income of $8.05B.
Dow shares are down 18% from the start of the yr , nonetheless down 21.17% from its 52 week excessive of $56.25 set on November 11, 2019. They’re under-performing the Dow Jones which is down 5.37% from the beginning of the yr.
Dow follows different main Primary Supplies sector earnings this month
Dow’s report follows an earnings beat by Air Merchandise on Thursday, who reported EPS of $2.01 on income of $2.07B, in comparison with forecasts EPS of $1.98 on income of $2.07B.
PPG Industries had beat expectations on July 16 with second quarter EPS of $0.99 on income of $3.02B, in comparison with forecast for EPS of $0.7 on income of $2.81B.
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