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 €2.67 on revenue of €5.51B. Analysts polled by Investing.com anticipated EPS of €2.58 on revenue of €5.37B.
Air Liquide shares are up 25.6% from the beginning of the year and are trading at €145.94 , down-from-52-week-high.They are outperforming the FTSE 100 which is up 9.69% from the start of the year.
Air Liquide shares lost 2.51% in intra-day trade after the report.
Air Liquide follows other major Materials sector earnings this month
Air Liquide's report follows an earnings beat by Arkema on Thursday, who reported EPS of €3.5 on revenue of €2.4B, compared to forecasts EPS of €2.3 on revenue of €2.25B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar