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Chemical Week Magazine :: Top of the Week
Diversified Earnings Mixed; Trends Signal Improvement
7:26 AM MDT | April 27, 2012 | -CW Staff
First-quarter earnings reports at diversified, commodity, and industrial gases firms showed mixed results, as increasing stability in U.S. markets and industrial segments were offset by tepid conditions in Europe. Several firms beat analystsâ€™ lowered estimates, and boosted their full-year earnings outlook, while others posted lower-than-expected earnings and began emphasizing cost management. Most companies expect the pace of the global economic recovery to accelerate in the latter half of the year. The quarter â€śplayed out as we anticipated...with...
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