Investing.com - Air Liquide (PA:AIRP) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Air Liquide announced earnings per share of €2.41 on revenue of €4.9B. Analysts polled by Investing.com anticipated EPS of €1.84 on revenue of €4.89B.
Air Liquide shares are up 11% from the beginning of the year and are trading at €140.80 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is down 13.39% from the start of the year.
Air Liquide shares gained 0.11% in intra-day trade the report.
Air Liquide follows other major Basic Materials sector earnings this month
Air Liquide's report follows an earnings missed by Nexans on Thursday, who reported EPS of €-1.27 on revenue of €2.95B, compared to forecasts EPS of €0.27 on revenue of €1.31B.
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