Air Products & Chemicals (NYSE:APD) reported its Q2 earnings results on Thursday, May 5, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Air Products & Chemicals beat estimated earnings by 1.28%, reporting an EPS of $2.38 versus an estimate of $2.35.

Revenue was up $443.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 6.34% drop in the share price the next day.

Here's a look at Air Products & Chemicals's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Air Products & Chemicals management provided guidance for FY 2022, expecting earnings between $10.2 and $10.4 per share.

To track all earnings releases for Air Products & Chemicals visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.