Dow: Better Than Feared 2024 Estimates
NurPhoto/NurPhoto via Getty Images Our team is back to comment on Dow's (NYSE:DOW) latest results. Although the company's Q4 results and Q1 2024 guidance trailed estimates, we believe there is crucial news that supports our long-standing buy rating. Dow earnings are recovering, and this is consistent with our positive view. Following our November analysis with an expectation reset, we decided to maintain a buy rating. Even though we already lowered Dow's 2024 EBITDA estimate to reflect near-term lower e ...