Dow (NYSE: DOW) reported Q1 EPS of $0.58, $0.22 better than the analyst estimate of $0.36. Revenue for the quarter came in at $11.9 billion versus the consensus estimate of $11.35 billion.

GUIDANCE:

"Looking to the remainder of the year, our consistent and disciplined execution enhances our ability to navigate the impact of higher inflation on consumer demand and soft global economic activity. We expect the benefit of our operational and cost actions to continue to build as we progress through 2023. We will remain flexible, responding quickly as conditions evolve and expect oil and gas spreads to further support our strategic cost-advantaged positions," said Fitterling. "Importantly, the underlying long-term growth fundamentals in our market verticals remain intact, as we advance both our Decarbonize and Grow and Transform the Waste strategies to raise our underlying earnings profile by $3 billion across the economic cycle."

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