Although uncertainty in Trump’s proposed infrastructure plan is weighing on bullish sentiments on the materials sector, it has managed to come up with a remarkable performance this year. This is especially true as rebounding commodity prices, positive developments in China, pick-up in global manufacturing activities and improving global trends are acting as catalysts to the sector.As a result, Materials Select Sector SPDR XLB, Vanguard Materials ETF VAW, iShares U.S. Basic Materials ETF IYM, and Fidelity MSCI Materials Index ETF FMAT have gained about 13% so far this year. Will this trend continue as the Q2 earnings season unfolds?Let’s delve into the earnings picture of some of the largest companies in the materials space that would drive the performance of these funds in the coming weeks as these dominate their portfolio. These include Dow Chemical DOW, DuPont DD, Praxair PX, Air Products & Chemicals APD and LyondellBasell Industries LYB. These stocks collectively account for 39.8% share in IYM, 39.5% in XLB, 29.1% in FMAT and 29% in VAW (read: 3 ETFs Loaded with Positive ESP Stocks).According to the our methodology, a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) when combined with a positive Earnings ESP increases our chances of predicting an earnings beat, while a Zacks Rank #4 or 5 (Sell rated) are best avoided. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Inside Our Surprise Prediction of These StocksDow Chemical has a Zacks Rank #4 and an Earnings ESP of -1.98%. The company has seen negative earnings estimate revision of eight cents over the past 90 days for the to-be-reported quarter but delivered a positive earnings surprise of 10.77% on average over the last four quarters. Additionally, the stock has an unimpressive VGM Style Score of D. Dow Chemical is scheduled to report earnings on July 27 before the opening bell.Dow Chemical Company (The) Price, Consensus and EPS Surprise Dow Chemical Company (The) Price, Consensus and EPS Surprise | Dow Chemical Company (The) QuoteDuPont is expected to report its results on July 25 before market open. It has a Zacks Rank #1 and an Earnings ESP of 0.00%, which makes surprise prediction difficult. The company has seen negative earnings estimate revision of couple of cents for the to-be-reported quarter over the past 90 days and has a dismal VGM Style Score of F. However, it delivered positive earnings surprises in the last four quarters, with an average beat of 28.73% (see: all the Materials ETFs here).E.I. du Pont de Nemours and Company Price, Consensus and EPS Surprise E.I. du Pont de Nemours and Company Price, Consensus and EPS Surprise | E.I. du Pont de Nemours and Company QuotePraxair has a Zacks Rank #4 and an Earnings ESP of 0.00%. The earnings surprise track over the past four quarters is good with an average positive surprise of 1.67%. Additionally, the stock has a solid VGM Style Score of B. However, the stock witnessed negative earnings estimate revision of three cents over the past 90 days for the to-be-reported quarter. Praxair will report earnings on July 27 before the market opens.Praxair, Inc. Price, Consensus and EPS Surprise Praxair, Inc. Price, Consensus and EPS Surprise | Praxair, Inc. QuoteAir Products & Chemicals has a Zacks Rank #3 and an Earnings ESP of 0.00%, which makes surprise prediction difficult. The company delivered positive earnings surprises in the last four quarters, with an average beat of 1.12%. However, the company has seen negative earnings estimate revision of a nickel over the past three months for the to-be-reported quarter and has a VGM Style Score of D. The company is schedule to report on August 1 before market open.Air Products and Chemicals, Inc. Price, Consensus and EPS Surprise Air Products and Chemicals, Inc. Price, Consensus and EPS Surprise | Air Products and Chemicals, Inc. QuoteLyondellBasell is expected to release earnings on July 28 before the opening bell. It has a Zacks Rank #3 and an Earnings ESP of -6.59%, indicating a lower chance of beating estimates. It has seem negative earnings estimate revision of six cents over the past three months for the to-be-reported quarter and delivered negative earnings surprise of 0.70% in the last four quarters. However, the stock has a solid VGM Style Score of A.LyondellBasell Industries NV Price, Consensus and EPS Surprise LyondellBasell Industries NV Price, Consensus and EPS Surprise | LyondellBasell Industries NV QuoteSumming UpAs the major players seem to have less chances of beating earnings estimates, the sector is expected to post modest 1.6% earnings growth on 3.2% revenue growth as per the latest Earnings Trends. Additionally, the sector has a solid Zacks Rank in the top 14%, suggesting some outperformance. Further, the above-mentioned ETFs have a favorable Zacks Rank #3 (read: 4 Top Sector ETFs & Stocks to Cool Off This Summer).Want key ETF info delivered straight to your inbox?Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report E.I. du Pont de Nemours and Company (DD): Free Stock Analysis Report Dow Chemical Company (The) (DOW): Free Stock Analysis Report Praxair, Inc. (PX): Free Stock Analysis Report Air Products and Chemicals, Inc. (APD): Free Stock Analysis Report LyondellBasell Industries NV (LYB): Free Stock Analysis Report SPDR-MATLS SELS (XLB): ETF Research Reports FID-MATRLS (FMAT): ETF Research Reports VIPERS-MATERIAL (VAW): ETF Research Reports ISHARS-US BA MA (IYM): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report