Dow Chemical Co DOW reported a surge in its first-quarter earnings.
Dow Chemical's quarterly profit rose to $1.05 billion, or $0.79 per share, versus a year-ago profit of $635 million, or $0.46 per share.
Its revenue rose 0.5% $14.46 billion. However, analysts were estimating a profit of $0.71 per share on revenue of $14.72 billion.
Dow Chemical shares closed at $48.94 yesterday.
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