Investing.com - Air Liquide (PA:AIRP) reported on Friday first quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Air Liquide announced earnings per share of €1.26 on revenue of €5.37B. Analysts polled by Investing.com anticipated EPS of €1.26 on revenue of €5.3B. Air Liquide had reported EPS of €2.51 on revenue of €5.51B in the previous quarter.Analysts are expecting EPS of €1.94 and revenue of €5.39B in the upcoming quarter.
Air Liquide shares are down 8% from the beginning of the year and are trading at €115.30 , down-from-52-week-high.They are outperforming the CAC 40 which is down 26.98% year to date.
Air Liquide follows other major Basic Materials sector earnings this month
Air Liquide's report follows an earnings missed by Nexans on Tuesday, April 7, 2020, who reported EPS of €-0.14 on revenue of €3.30B, compared to forecasts EPS of €1.67 on revenue of €2,320M.
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