Praxair Inc. (PX) reported fourth quarter adjusted net income of $1.38 per share Wednesday morning, compared to $1.36 per share a year ago. The consensus estimate was for EPS of $1.38. The company expects to report first quarter EPS of $1.35 to $1.40 and between $5.85 and $6.10 for the full year 2013. The consensus estimates are for EPS of $1.46 and $6.16.
Praxair gapped open lower Wednesday and fell in early trade, before settling into a range. The stock finished down by 3.25 at $110.77 on the highest volume of the year. Praxair dropped below a range and set a 3-week low.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.