Dow Inc. (DOW) Suffers a Larger Drop Than the General Market: Key Insights

Company Performance - Dow Inc. closed at $36.62, down 2.55% from the previous trading session, underperforming the S&P 500 which lost 0.61% [1] - Prior to the recent trading, shares of Dow Inc. had gained 15.1%, outperforming the Basic Materials sector's loss of 3.27% and the S&P 500's loss of 2.25% [1] Earnings Expectations - Dow Inc. is expected to report an EPS of -$0.34, a significant decline of 1800% from the prior-year quarter [2] - Revenue is anticipated to be $9.46 billion, reflecting a 9.29% decrease compared to the same quarter last year [2] Full-Year Estimates - The Zacks Consensus Estimates for Dow Inc. project earnings of -$0.09 per share and revenue of $39.42 billion, indicating year-over-year changes of +90.43% for earnings and -1.37% for revenue [3] - Recent revisions to analyst forecasts for Dow Inc. are important as they may indicate changes in short-term business trends [3] Zacks Rank and Industry Performance - Dow Inc. currently holds a Zacks Rank of 3 (Hold), with a recent 11.96% decline in the Zacks Consensus EPS estimate [5] - The Chemical - Diversified industry, part of the Basic Materials sector, has a Zacks Industry Rank of 194, placing it in the bottom 21% of over 250 industries [6]