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Dow Stock Rises 2.9% After Q3 Earnings Beat

U.S. SEC / Dow Inc.2 min read5 sources

Why is Dow stock up today?

Dow Inc. (DOW) stock rose 2.9% on Thursday to $31.26 after the chemical maker beat third-quarter profit estimates and forecast fourth-quarter earnings above Wall Street expectations.

Key numbers

Adjusted EPS (profit per share)$0.71vs $0.64 expected; one source says $0.61
Net sales$11.3B+13% vs a year ago
Operating EBIT (operating profit)$887Mvs $180M a year ago
Q4 core earnings forecast~$1.54Bvs $1.38B expected (per [1])
Workforce cut done~70%of ~4,500 jobs (13%)
Dow share price$31.26+2.88% on the day

What happened

Dow Inc. (DOW) stock rose 2.9% on Thursday to $31.26 after the chemical maker beat third-quarter profit estimates and forecast fourth-quarter earnings above Wall Street expectations. Sales rose 13% from a year ago to $11.3 billion, helped by higher plastic (polyethylene) prices after Middle East supply disruptions. Dow forecast fourth-quarter core earnings of about $1.54 billion, above the $1.38 billion analysts expected. It has finished nearly 70% of a plan to cut about 4,500 jobs, or 13% of its workforce.

Why it matters

Dow Inc. makes the plastics and chemicals used in packaging, pipes and coatings, so its results offer a clue about factory and consumer demand. The profit jump came from higher plastic prices and cost cuts, while the amount of product sold fell 1% from a year ago. Management says its savings plan is on track to add more than $1 billion in yearly profit in both 2026 and 2027.

Who this affects

Marketbullish
Low impact
Chemical stock investors saw gains; LyondellBasell and Westlake rose too.
Companybullish
Medium impact
Shareholders gain from higher profit, cost cuts and a stronger outlook.
Competitorsneutral
Low impact
Rivals benefit from higher plastic prices; BASF barely moved.
Industrymixed
Medium impact
Plastic makers gain, but sales volumes are still slipping.

Dow vs LyondellBasell, Westlake, BASF

DowDOW$22.6B+2.9%+38.2%14.1x
LyondellBasellLYB$21.0B+2.8%+55.2%9.1x
WestlakeWLK$8.1B+4.1%+12.3%15.0x
BASF (US-listed ADR)BASFY$52.4B-0.1%+18.6%18.0x

As of 2026-10-22

How we got here

  1. Sadara, Dow's Saudi Aramco joint venture, shut down; it has only partly restarted since.

  2. Dow reports Q3 adjusted profit of $0.71 per share, beating the $0.64 estimate.

  3. Dow says nearly 70% of its planned 4,500 job cuts are done.

What to watch

  • Polyethylene price rises of 7 cents per pound in October and 5 cents in November, per management.2026-11-30
  • Dow expects to substantially finish the current phase of its workforce reduction by year-end.2026-12-31
  • Fourth-quarter results will show whether Dow reaches its roughly $1.5B earnings forecast.Q4 2026

Educational content only. Not investment advice.

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