MIDLAND, Mich. (AP) _ Dow Inc. (DOW) on Thursday reported first-quarter earnings of $991 million.

On a per-share basis, the Midland, Michigan-based company said it had net income of $1.32. Earnings, adjusted for non-recurring costs and restructuring costs, came to $1.36 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.

The materials science posted revenue of $11.88 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $10.83 billion.

Dow Inc. shares have risen 17% since the beginning of the year, while the S&P's 500 index has climbed 11%. The stock has more than doubled in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DOW at https://www.zacks.com/ap/DOW

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