Investing.com - Dow reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Dow announced earnings per share of $1.36 on revenue of $11.88B. Analysts polled by Investing.com anticipated EPS of $1.1 on revenue of $11.05B.
Dow shares are up 16% from the beginning of the year and are trading at $64.82 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 9.47% from the start of the year.
Dow follows other major Basic Materials sector earnings this month
Dow's report follows an earnings beat by PPG Industries on Thursday, April 15, 2021, who reported EPS of $1.88 on revenue of $3.88B, compared to forecasts EPS of $1.57 on revenue of $3.67B.
Akzo Nobel ADR had beat expectations on Wednesday with first quarter EPS of $0.4731 on revenue of $2.72B, compared to forecast for EPS of $0.3687 on revenue of $2.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar