Praxair Inc. (PX: Quote) 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 is now down 3.40 at $110.62 on above average volume. The stock has dropped below a range and has set a 3-week low.
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by RTT Staff Writer
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