30.04.2024 12:11:46 - dpa-AFX: Air Products And Chemicals Inc. Q2 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - Air Products And Chemicals Inc. (APD) released a
profit for its second quarter that increased from the same period last year and
beat the Street estimates.
The company's bottom line came in at $572.4 million, or $2.57 per share. This
compares with $439.8 million, or $1.97 per share, in last year's second quarter.
Excluding items, Air Products And Chemicals Inc. reported adjusted earnings of
$635.1 million or $2.85 per share for the period.
Analysts on average had expected the company to earn $2.69 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter fell 8.4% to $2.930 billion from $3.200
billion last year.
Air Products And Chemicals Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $572.4 Mln. vs. $439.8 Mln. last year.
-EPS (Q2): $2.57 vs. $1.97 last year.
-Revenue (Q2): $2.930 Bln vs. $3.200 Bln last year.
-Guidance:
Next quarter EPS guidance: $3 to $3.05
Full year EPS guidance: $12.20 to $12.50
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