Unlocking Q3 Potential of Dow Inc. (DOW): Exploring Wall Street Estimates for Key Metrics

Wall Street analysts expect Dow Inc. (DOW) to post quarterly loss of -$0.31 per share in its upcoming report, which indicates a year-over-year decline of 166%. Revenues are expected to be $10.18 billion, down 6.5% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 31.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.Bearing this in mind, let's now explore the average estimates of specific Dow Inc. metrics that are commonly monitored and projected by Wall Street analysts.The average prediction of analysts places 'Revenues- Performance Materials & Coatings' at $2.11 billion. The estimate points to a change of -4.9% from the year-ago quarter.Analysts forecast 'Revenues- Corporate' to reach $154.97 million. The estimate indicates a year-over-year change of -17.1%.Analysts expect 'Revenues- Packaging & Specialty Plastics' to come in at $5.09 billion. The estimate indicates a change of -7.8% from the prior-year quarter.According to the collective judgment of analysts, 'Revenues- Industrial Intermediates & Infrastructure' should come in at $2.87 billion. The estimate indicates a change of -3.2% from the prior-year quarter.The consensus estimate for 'Operating EBITDA- Packaging & Specialty Plastics' stands at $513.07 million. The estimate compares to the year-ago value of $1.00 billion.The collective assessment of analysts points to an estimated 'Operating EBITDA- Performance Materials & Coatings' of $281.78 million. The estimate is in contrast to the year-ago figure of $334.00 million.Based on the collective assessment of analysts, 'Operating EBITDA- Industrial Intermediates & Infrastructure' should arrive at $57.29 million. Compared to the present estimate, the company reported $102.00 million in the same quarter last year. View all Key Company Metrics for Dow Inc. here>>> Over the past month, Dow Inc. shares have recorded returns of -6.8% versus the Zacks S&P 500 composite's +1.1% change. Based on its Zacks Rank #4 (Sell), DOW will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .#1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dow Inc. (DOW): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks