Praxair (PX) updates Q1 EPS guidance towards the low end of estimates, saying that it's now...

|By:, SA News Editor

Praxair (PX) updates Q1 EPS guidance towards the low end of estimates, saying that it's now expecting to earn between $1.35 - $1.40 per share, versus the $1.39 consensus by the Street. The company blames the lower estimates on its recent devaluation of the Venezuelan bolivar, which will reduce its Q1 by about $0.08 per share.