Dow Chemical Reports Upbeat Q1 Earnings; Shares Rise In Pre-Market Trading

Dow Chemical Co DOW on Thursday reported upbeat earnings for the first quarter. The company's profit increased to $710 million, or $0.54 per share, from $551 million, or $0.41 per share, in the year-ago period. The company's adjusted earnings came in at $0.82 per share. However, analysts were expecting earnings of $0.67 per share. The company's sales increased 20% to $14.7 billion. DOW shares surged 1.83% to $40.65 in pre-market trading. Read more from Benzinga's Company news.