Dow released its first quarter results on Thursday. They beat forecasts by analysts and generated revenue above expectations.

Dow declared earnings per share (EPS) of $2.34 on $15.26B in revenue. Investing.com polled analyst to predict EPS at $2.01 for revenue $14.42B.

Dow shares have increased 19% since the start of the year but are still down 5.38% from their 52-week high of $71.38, which was set May 18, 2021. They are outperforming the S&P Global 100 which is down 4.67% from the start of the year.

Dow is following other major materials sector earnings this Month

Dow’s latest earnings report is following an Anhui Conch Cement Co earnings beat of March 25. Anhui Conch Cement Co reported EPS $1.61 on revenue $1.26B. Forecasts for EPS $1.47 on $10.46B.

Steel Dynamics exceeded expectations with a $6.02 EPS on revenue $5.57B for the first quarter, as compared to a forecast of $5.42 EPS on revenue $5.33B.

You can keep up to date on the latest earnings reports at www.investors.com Investing.com’s earnings calendar