Investing.com - Air Liquide (PA:AIRP) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Air Liquide announced earnings per share of €2.41 on revenue of €4.9B. Analysts polled by Investing.com anticipated EPS of €1.84 on revenue of €4.89B.
Air Liquide shares are up 11% from the beginning of the year and are trading at €140.80 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is down 13.39% from the start of the year.
Air Liquide shares gained 0.11% in intra-day trade after the report.
Air Liquide follows other major Basic Materials sector earnings this month
Air Liquide's report follows an earnings missed by Nexans on Thursday, who reported EPS of €-1.27 on revenue of €2.95B, compared to forecasts EPS of €0.27 on revenue of €1.31B.
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