Dow’s Losing Streak Continues

Dow Chemical (NYSE:DOW) found itself facing a less-interested market in the most recent quarter, and posted reduced performance Thursday, reporting October-December quarterly earnings before the bell.

Dow Chemical’s earnings on revenue reached $0.33 per share in the quarter; revenue was $13.2 billion. These values fell slightly below analysts’ expectations in a Reuters consensus estimate, which had Dow Chemical earning $0.34 a share on revenue of $13.7 billion, excluding items.

Demand for Dow Chemicals products, particularly specialty plastics and chlorine, dipped in the previous quarter, driving down Dow’s revenues and leading to an overall loss for the quarter. A year earlier, Dow also faced sales losses, but to a much lesser degree…

Investors are making great returns as markets roar higher. Join the party. Click here to discover our Feature Stock Pick now!
More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Premium Newsletters

Stock Investor Cheat Sheet

Stock Investor Cheat Sheet®

The ultimate Cheat Sheet for finding winning stock picks.
Learn More

Gold & Silver Newsletter

Gold & Silver

Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More

Commodities Premium Newsletter

Commodities Premium

There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more

ETF Investing

ETF Investing

At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business