Praxair (PX) Tops Q3 Earnings Views; Guides Q4; Declares $0.375/Share Qtr. Dividend

October 29, 2008 7:57 AM EDT

Praxair, Inc. (NYSE: PX)) reports Q3 EPS of $1.11, 5 cents better than the analyst estimate of $1.06. Revenue for the quarter was $2.85 billion, versus the consensus of $2.73 billion.

Sees Q4 non-GAAP EPS of $1.03-$1.08, versus the consensus of $1.09.

Declared a quarterly dividend of $0.375 per common share, payable on December 15 to shareholders of record on December 5.

Praxair, Inc. engages in the production and distribution of industrial gases primarily in North America, South America, Europe, and Asia.


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