Investing.com - Dow reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Dow announced earnings per share of $0.5 on revenue of $9.71B. Analysts polled by Investing.com anticipated EPS of $0.29 on revenue of $9.4B.
Dow shares are down 11% from the beginning of the year and are trading at $48.55 , down-from-52-week-high.They are under-performing the Dow Jones which is down 1.15% from the start of the year.
Dow follows other major Basic Materials sector earnings this month
Dow's report follows an earnings beat by PPG Industries on Monday, who reported EPS of $1.93 on revenue of $3.69B, compared to forecasts EPS of $1.76 on revenue of $3.64B.
Akzo Nobel ADR had beat expectations on Monday with third quarter EPS of $0.51 on revenue of $2.69B, compared to forecast for EPS of $0.47 on revenue of $2.67B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar