Praxair (PX) Misses Q2 EPS by 1c; FY15 EPS Outlook Trimmed
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Go back to Praxair (PX) Misses Q2 EPS by 1c; FY15 EPS Outlook Trimmed
July 29, 2015 6:01 AM EDT
Sales of $2.7 billion, adjusted EPS of $1.45, up 2% ex-FX*
Adjusted EBITDA and operating margins grew to 33.4% and 22.9%,
respectively*
Strong operating cash flow of $0.7 billion; $0.4 billion returned
to shareholders through dividends and net share repurchases
Diluted shares 2% below prior-year quarter; new $1.5 billion share
repurchase program authorized
Return on capital 12.6%; return on equity 30.5%*
Adjusted EPS guidance: 2015 full year $5.80 to $5.95, up 3% to 6%
year-over-year, ex-FX and 3Q15 $1.42 to $1.49*
DANBURY, Conn.--(BUSINESS... More
July 29, 2015 6:00 AM EDT
DANBURY, Conn.--(BUSINESS WIRE)--
The board of directors of Praxair, Inc. (NYSE: PX) has declared a
quarterly dividend of 71.5 cents per share, unchanged from the previous
quarter. The dividend is payable on September 15, 2015 to shareholders
of record on September 8, 2015.
The board of directors has also authorized a new share repurchase
program for up to $1.5 billion... More
