Market Overview

UPDATE: Air Products FQ1 Profit Up 4.3%

Share:
Related APD
Spate Of Terror Attacks On 3 Continents Leaves Dozens Dead
Air Products' LNG Technology and Equipment Picked Again for Freeport LNG Terminal Facility
Can Air Products (APD) Sustain Its Earnings Streak in Q3? - Analyst Blog (Zacks)

Air Products & Chemicals (NYSE: APD) reported a 4.3% rise in its fiscal first-quarter earnings.

Air Products expects Q2 earnings of $1.32 to $1.37 per share, versus analysts' estimates of $1.44 per share.

Air Products posted its quarterly earnings of $290.2 million, or $1.35 per share, from a year-ago profit of $278.3 million, or $1.33 per share. The company had earlier expected earnings of $1.30 to $1.35 per share.

Its sales declined to $2.55 billion from $2.56 billion, versus estimates of $2.57 billion.

Air Products shares closed at $106.24 yesterday.

Posted-In: profitEarnings News Guidance

 

Related Articles (APD)

Get Benzinga's Newsletters