Praxair (PX) Misses Q1 EPS by 99c

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Praxair Reports First-Quarter 2016 Results

April 29, 2016 6:01 AM EDT

Sales of $2.5 billion; EPS of $1.24; adjusted EPS of $1.28 Operating cash flow 8% above prior-year quarter EBITDA and operating margins of 33.3% and 22.1%, respectively Completed six packaged gas acquisitions, primarily North America; annualized sales of approximately $50 million Return on capital 12.4%; return on equity 34.6% Second-quarter 2016 EPS guidance of $1.32 to $1.39; adjusted full-year $5.35 to $5.70

DANBURY, Conn.--(BUSINESS WIRE)-- Praxair, Inc. (NYSE: PX) reported first-quarter net... More

Praxair Declares Dividend in Second Quarter 2016

April 29, 2016 6:00 AM EDT

DANBURY, Conn.--(BUSINESS WIRE)-- The board of directors of Praxair, Inc. (NYSE: PX) has declared a quarterly dividend of 75.0 cents per share, unchanged from the previous quarter. The dividend is payable on June 15, 2016 to shareholders of record on June 7, 2016. The ex-dividend date is June 3, 2016.

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