Air Products beats profit expectations but came up shy on sales, gives downbeat Q2 outlook [MarketWatch]
Air Products and Chemicals, Inc. (APD)
Last air products and chemicals, inc. earnings: 4/23 06:00 am
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Source: MarketWatch
Air Products beats profit expectations but came up shy on sales, gives downbeat Q2 outlook Air Products & Chemicals Inc. APD, -0.32% reported Friday a fiscal first-quarter profit that beat expectations, but revenue that missed and provided a downbeat outlook. The industrial gases company's stock was still inactive in premarket trading. Net income for the quarter to Dec. 31 rose to $475.6 million, or $2.14 a share, from $347.5 million, or $1.57 a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share of $2.14 topped the FactSet consensus of $2.10. Sales grew 1.4% to $2.25 billion, below the FactSet consensus of $2.29 billion, as misses in industrial gas sales in the Americas and in the Europe, Middle East and Africa (EMEA) region offset a beat in Asia. Volume growth and higher pricing was partially offset by lower energy pass-through, unfavorable currency moves and a contract modification to a tolling agreement in India. Looking ahead, the company
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APD
Earnings
- 1/30/26 - Beat
APD
Sec Filings
- 2/13/26 - Form SCHEDULE
- 2/13/26 - Form 4
- 2/12/26 - Form 144
- APD's page on the SEC website