Dow Q3 Earnings: Volume Growth Amid Market Softness, Q4 Outlook Remains Cautious
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 24 2024
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Source: Benzinga
Third-Quarter Performance: Dow Inc reported a 1% increase in sales to $10.88 billion, surpassing expectations, with adjusted EPS of $0.47. The company experienced growth in the U.S. and Canada, despite challenges in Europe and China.
Future Outlook: Dow anticipates fourth-quarter revenue around $10.70 billion and plans to focus on counter-cyclical growth investments aimed at higher-value businesses, projecting over $3 billion in underlying earnings by 2030.
Analyst Views on DOGG
Wall Street analysts forecast DOGG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DOGG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 21.180
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Current: 21.180
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
