Dow Inc. (DOW) Increases Despite Market Slip: Here's What You Need to Know

Core Insights - Dow Inc. closed at $23.11, reflecting a +1.09% change from the previous day, outperforming the S&P 500's daily loss of 0.09% [1] - The materials science sector saw a 3.44% gain over the past month, slightly trailing the Basic Materials sector's 3.88% gain and outperforming the S&P 500's 1.89% gain [1] Earnings Performance - Upcoming earnings release is anticipated, with a consensus estimate projecting revenue of $9.53 billion, indicating an 8.45% decline from the same quarter last year [2] - For the annual period, earnings are expected to be -$0.99 per share and revenue at $40.03 billion, reflecting declines of -157.89% and -6.82% respectively from the previous year [2] Analyst Estimates - Changes in analyst estimates for Dow Inc. are crucial as they reflect the evolving business trends, with positive revisions indicating a favorable outlook on business health and profitability [3] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 stocks averaging a +25% annual return since 1988 [5] - Over the last 30 days, the Zacks Consensus EPS estimate for Dow Inc. has increased by 0.55%, and the company currently holds a Zacks Rank of 3 (Hold) [5] Industry Context - The Chemical - Diversified industry, part of the Basic Materials sector, currently ranks 217 in the Zacks Industry Rank, placing it in the bottom 13% of over 250 industries [6] - The Zacks Industry Rank evaluates the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [6]