Dow (DOW) closed at $49.70 on Friday, 2.5% lower on the day.
Dow’s stock price has decreased 8.1% so far this year, much less than the 12.4% advance registered by the overall Dow Jones Industrial Average (DJIA) index.
On Friday, the DJIA fell by 0.6% to close at 42,114 points. The three leaders were Intel (INTC), Salesforce (CRM) and Microsoft (MSFT), while the three laggards were McDonald’s (MCD), Goldman Sachs (GS) and Dow (DOW).
Back to Dow, its latest earnings report from fiscal Q3 showed that earnings per share (EPS) arrived at $0.47, in line with consensus. Revenue, meanwhile, stood at $10.88 billion.
The next earnings report for Dow will be published on January 30, 2025.
Analysts expect Dow’s earnings per share to come in at $0.34 for Q4, while revenue is seen at $10.66 billion.
(An automation tool was used in creating this post.)
Source: https://www.fxstreet.com/news/dow-stock-closes-25-lower-on-friday-202410252128