Equity Profile

DOW

Dow Inc.

MaterialsCommodity Chemicals$24.5B

Jul23Thu

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Dow Inc. is a major player in the materials sector, specifically in commodity chemicals....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health. Investors will be looking for improvements or surprises in this metric.

N/A

Revenue Growth

Revenue growth indicates how well the company is expanding its business and capturing market share. It's crucial for assessing overall performance.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

DOW Q2-2026 Earnings Preview

Context

Company Snapshot

Dow Inc. is a major player in the materials sector, specifically in commodity chemicals. The company produces a wide range of chemical products that are essential for various industries, including construction, packaging, and agriculture. As global demand for sustainable materials grows, Dow's role in providing innovative solutions becomes increasingly important.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

-1629.11%

Avg Stock Reaction

-1.60%

Last Quarter Recap

In Q1 2026, Dow reported an EPS of -$0.14, outperforming expectations by 56.11%. However, the stock experienced a slight decline of 0.72% the following day, indicating mixed investor sentiment.

Management Promises & Guidance

Focus on cost management and operational efficiency.
Commitment to innovation in sustainable materials.
Plans to enhance customer engagement and satisfaction.

Expectations

Wall Street Expectations

Overall, Wall Street is cautiously optimistic about Dow's upcoming earnings, given the recent EPS surprises. However, concerns about revenue and market conditions persist.

Bull Case

If Dow can continue to beat EPS estimates and show signs of revenue growth, it could signal a strong recovery and improve investor confidence.

Bear Case

On the other hand, if the company fails to deliver positive results or guidance, it may lead to further declines in stock price, reflecting ongoing market challenges.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

This number will be crucial in determining whether Dow can maintain its recent trend of beating expectations and restoring investor confidence.

How is Dow addressing challenges in revenue growth?

Given the importance of revenue growth for the company's future, any insights into strategies or market conditions will be closely scrutinized.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Dow's potential for a strong recovery in EPS, as recent trends show significant surprises that could continue.

Supporting Evidence

Dow has consistently beaten EPS estimates in recent quarters, suggesting a trend that may not be fully reflected in current expectations.

The options market is pricing a larger move than historical averages, indicating that traders expect significant volatility and potential upside.

Key Risk

If EPS comes in above $0.10, it could challenge the current cautious sentiment and lead to a positive reassessment of the stock.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Dow can sustain its recent EPS surprises and improve revenue growth amidst challenging conditions.

Bull Confirmed If

An EPS of $0.10 or better would confirm the bull case and indicate a strong recovery.

Bear Confirmed If

An EPS below -$0.20 would confirm the bear case, raising concerns about ongoing challenges.

Pre-Earnings Positioning

Options Market

Implied Move

±8.99%

Historical Avg

±5.5%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±9.0% while DOW has averaged ±5.5% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

50.3%

Calls (7.2M)P/C Ratio: 0.53Puts (1.0M)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Materials

n=30

Fade rate: 13 of 30 (43%)

This setup has occurred 30 times across Materials in the last 2 years. 13 of 30 faded and 17 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 4.7%, with a raw directional average of +0.6% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Dow beats expectations and raises guidance, history suggests the stock could rise by around 2.26%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations but management is cautious, the stock may see muted movement as investors digest the commentary.

Miss

If Dow misses expectations, history suggests a potential decline of about 5.45%, reflecting disappointment in the market.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on cost management strategies and their impact on margins.
2Insights into demand trends for key products in the chemical sector.
3Management's outlook on market conditions and competitive landscape.
4Details on initiatives for sustainable product development.
5Any commentary on customer engagement and satisfaction metrics.

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AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Dow Inc. is a major player in the materials sector, specifically in commodity chemicals....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health. Investors will be looking for improvements or surprises in this metric.

N/A

Revenue Growth

Revenue growth indicates how well the company is expanding its business and capturing market share. It's crucial for assessing overall performance.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

DOW Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

50%

Avg EPS Surprise

-1629.11%

Avg Stock Reaction

-1.60%

Last Quarter Recap

In Q1 2026, Dow reported an EPS of -$0.14, outperforming expectations by 56.11%. However, the stock experienced a slight decline of 0.72% the following day, indicating mixed investor sentiment.

Management Promises & Guidance

Focus on cost management and operational efficiency.
Commitment to innovation in sustainable materials.
Plans to enhance customer engagement and satisfaction.

Expectations

Wall Street Expectations

Overall, Wall Street is cautiously optimistic about Dow's upcoming earnings, given the recent EPS surprises. However, concerns about revenue and market conditions persist.

Bull Case

If Dow can continue to beat EPS estimates and show signs of revenue growth, it could signal a strong recovery and improve investor confidence.

Bear Case

On the other hand, if the company fails to deliver positive results or guidance, it may lead to further declines in stock price, reflecting ongoing market challenges.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

This number will be crucial in determining whether Dow can maintain its recent trend of beating expectations and restoring investor confidence.

How is Dow addressing challenges in revenue growth?

Given the importance of revenue growth for the company's future, any insights into strategies or market conditions will be closely scrutinized.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Dow's potential for a strong recovery in EPS, as recent trends show significant surprises that could continue.

Supporting Evidence

Dow has consistently beaten EPS estimates in recent quarters, suggesting a trend that may not be fully reflected in current expectations.

The options market is pricing a larger move than historical averages, indicating that traders expect significant volatility and potential upside.

Key Risk

If EPS comes in above $0.10, it could challenge the current cautious sentiment and lead to a positive reassessment of the stock.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Dow can sustain its recent EPS surprises and improve revenue growth amidst challenging conditions.

Bull Confirmed If

An EPS of $0.10 or better would confirm the bull case and indicate a strong recovery.

Bear Confirmed If

An EPS below -$0.20 would confirm the bear case, raising concerns about ongoing challenges.

Pre-Earnings Positioning

Options Market

Implied Move

±8.99%

Historical Avg

±5.5%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±9.0% while DOW has averaged ±5.5% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

50.3%

Calls (7.2M)P/C Ratio: 0.53Puts (1.0M)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Materials

n=30

Fade rate: 13 of 30 (43%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Dow beats expectations and raises guidance, history suggests the stock could rise by around 2.26%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations but management is cautious, the stock may see muted movement as investors digest the commentary.

Miss

If Dow misses expectations, history suggests a potential decline of about 5.45%, reflecting disappointment in the market.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on cost management strategies and their impact on margins.
2Insights into demand trends for key products in the chemical sector.
3Management's outlook on market conditions and competitive landscape.
4Details on initiatives for sustainable product development.
5Any commentary on customer engagement and satisfaction metrics.