Investing.com - Dow reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Dow announced earnings per share of $-0.26 on revenue of $8.35B. Analysts polled by Investing.com anticipated EPS of $-0.23 on revenue of $8.05B.
Dow shares are down 18% from the beginning of the year and are trading at $44.34 , down-from-52-week-high.They are under-performing the Dow Jones which is down 5.37% from the start of the year.
Dow follows other major Basic Materials sector earnings this month
Dow's report follows an earnings beat by Air Products on Thursday, who reported EPS of $2.01 on revenue of $2.07B, compared to forecasts EPS of $1.98 on revenue of $2.07B.
PPG Industries had beat expectations on Thursday, July 16, 2020 with second quarter EPS of $0.99 on revenue of $3.02B, compared to forecast for EPS of $0.7 on revenue of $2.81B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar