Praxair Ahead of Earnings

Published on Tuesday, 24 January 2012 11:36 Written by Christian Paolinetti

New York, January 24th (TradersHuddle.com) - Shares of Praxair, Inc. (NYSE:PX) are trading lower by -0.47% ahead of its quarterly earnings release. Praxair, the provider of atmospheric and process gases is expected to release its quarterly results on January 25^th.

Wall Street Analysts consensus calls for a profit of $1.37 a share on $2.84 billion revenue.

Praxair estimates have a range of $0.05 a share. The high estimate calls for profit of $1.38 a share and the low estimate is calling for a profit of $1.33 a share, a year ago for the quarter the company reported $1.25 a share.

Praxair, Inc. (NYSE:PX) provider of industrial gases. The Company produces, sells, and distributes atmospheric gases including oxygen, nitrogen, argon, and rare gases, as well as process gases including carbon dioxide, helium, hydrogen, electronics gases, and acetylene.

Other companies on the watch on this earnings event are Air Products and Chemicals, Inc. NYSE:APD and Airgas, Inc. NYSE:ARG.