Air Products and Chemicals(APD)
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The 3 Best Hydrogen Stocks to Buy in August 2024
Investor Place· 2024-08-07 19:15
Hydrogen is quickly becoming an essential part of the green energy matrix. For this reason, I recommend that investors consider the best hydrogen stocks to buy.The hydrogen market is expected to expand in the future, with estimates placing it at $410 billion by 2030. This growth is due to increased innovation and significant spending on hydrogen infrastructure globally, especially from entities such as the U.S. Department of Energy, which has spent $1 billion on hydrogen production projects.Hydrogen has hu ...
Q3's Rising Stars: 3 Hydrogen Stocks for Your Must-Watch List
Investor Place· 2024-08-03 10:13
The emergence of clean energy and the concurrent pushback from fossil fuel enthusiasts show that the global energy mix has reached a pivotal moment. Therefore, opportunities are abundant in the energy sector. One such opportunity is hydrogen, and moreso green hydrogen, a market forecasted to grow by 39.5% per year until 2030.Although hydrogen stocks have systematic support, prudent screening is critical as numerous growth traps exist. As such, I embarked on a robust screening process, emphasizing company fu ...
Air Products and Chemicals: EPS Beat And Solid Execution
Seeking Alpha· 2024-08-02 12:30
Bjoern Wylezich Here at the Lab, today, we are back to comment on Air Products and Chemicals (NYSE:APD). The company released solid Third-Quarter 2024 results, which confirm our positive forward-thinking view. The continuous execution of two pillars backs our buy rating recommendation: 1) a project backlog to drive the hydrogen revolution and the energy transition, and 2) a rock-solid company with 40+ consecutive years of dividend increases. That said, ADP and other industrial gas companies like Linde and A ...
Air Products and Chemicals(APD) - 2024 Q3 - Quarterly Report
2024-08-01 18:12
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended 30 June 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-04534 AIR PRODUCTS AND CHEMICALS, INC. (Exact name of registrant as specified in its charter) Delaware 23-1274455 (State or ...
Air Products and Chemicals: Upside Remains After A Better Than Feared Quarter
Seeking Alpha· 2024-08-01 17:12
Bjoern Wylezich It has been a rocky year for Air Products and Chemicals, Inc. (NYSE:APD) with shares down 13% from a year ago. However, investors got some much-needed relief on Thursday when shares popped over 10% in response to mixed earnings that simply were not as bad as feared. I last covered APD in May, rating shares a "buy," and since that recommendation, it has rallied 13% vs. the market's 4% gain. With new financial data and this appreciation, now is a good time to revisit Air Products. I remain bul ...
Why Shares of Air Products Are Soaring Today
The Motley Fool· 2024-08-01 16:38
After sliding for most of the week, Air Products stock popped following a strong earnings report.With shares of Air Products and Chemicals (APD 9.85%) closing lower on Tuesday and Wednesday this week, it seemed that investors were wary of the company's reporting of its third-quarter results. This morning, however, those fears were evidently erased as the producer and distributer of industrial gases reported strong third-quarter earnings before the market opened.As of 10:42 a.m. ET on Thursday, shares of Air ...
Air Products and Chemicals(APD) - 2024 Q3 - Earnings Call Transcript
2024-08-01 15:48
Air Products and Chemicals, Inc. (NYSE:APD) Q3 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Sidd Manjeshwar - Vice President, Investor Relations Seifi Ghasemi - Chairman, President and Chief Executive Officer Eric Guter - Investor Relations Melissa Schaeffer - Chief Financial Officer Conference Call Participants John McNulty - BMO Capital Markets Jeff Zekauskas - JPMorgan Vincent Andrews - Morgan Stanley David Begleiter - Deutsche Bank Chris Parkinson - Wolfe Research Duffy F ...
Compared to Estimates, Air Products and Chemicals (APD) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-08-01 14:36
For the quarter ended June 2024, Air Products and Chemicals (APD) reported revenue of $2.99 billion, down 1.6% over the same period last year. EPS came in at $3.20, compared to $2.98 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.04 billion, representing a surprise of -1.79%. The company delivered an EPS surprise of +5.26%, with the consensus EPS estimate being $3.04.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...
Air Products' (APD) Q3 Earnings Top Estimates, Revenues Miss
ZACKS· 2024-08-01 13:36
Air Products and Chemicals, Inc. (APD) logged third-quarter fiscal 2024 (ended Jun 30, 2024) earnings from continuing operations of $3.13 per share, up from $2.67 recorded in the year-ago quarter.Barring one-time items, earnings per share were $3.20. It beat the Zacks Consensus Estimate of $3.04.The industrial gases giant generated revenues of $2,985.5 million, down around 1.6% year over year. The figure missed the Zacks Consensus Estimate of $3,039.8 million. Higher prices were more than offset by lower en ...
Air Products and Chemicals (APD) Q3 Earnings Beat Estimates
ZACKS· 2024-08-01 12:10
Air Products and Chemicals (APD) came out with quarterly earnings of $3.20 per share, beating the Zacks Consensus Estimate of $3.04 per share. This compares to earnings of $2.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.26%. A quarter ago, it was expected that this seller of gases for industrial, medical and other uses would post earnings of $2.72 per share when it actually produced earnings of $2.85, delivering a surp ...