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 ...

Moving forward Creating Shareholder Value Third Quarter 2024 Earnings Results Teleconference August 1, 2024 Moving forward Forward-Looking Statements This presentation contains "forward-looking statements" within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements about earnings guidance, business outlook and investment opportunities. These forward-looking statements are based on management's expectations and assumptions as of the date of this presentatio ...

Exhibit 99.1 News Release Air Products and Chemicals, Inc. 1940 Air Products Boulevard Allentown, PA 18106-5500 www.airproducts.com Air Products Reports Fiscal 2024 Third Quarter GAAP EPS of $3.13 and Adjusted EPS of $3.20 Q3 FY24 (comparisons versus prior year): # • GAAP EPS of $3.13, up 17 percent; GAAP net income of $709 million, up 16 percent; and GAAP net income margin of 23.7 percent, up 360 basis points • Adjusted EPS* of $3.20, up seven percent; adjusted EBITDA* of $1.3 billion, up five percent; and ...

Q3 FY24 (comparisons versus prior year):GAAP EPS# of $3.13, up 17 percent; GAAP net income of $709 million, up 16 percent; and GAAP net income margin of 23.7 percent, up 360 basis pointsAdjusted EPS* of $3.20, up seven percent; adjusted EBITDA* of $1.3 billion, up five percent; and adjusted EBITDA margin* of 42.4 percent, up 260 basis pointsRecent HighlightsClean hydrogen / energy transitionSigned a 15-year agreement to supply 70,000 tons of green hydrogen annually starting in 2030, helping to decarbonize T ...

Chemical companies are expected to have benefited from a rebound in demand across several key end markets and a moderation of de-stocking activities in the June quarter. The results of these companies are likely to be supported by the benefits of pricing and cost-saving actions. Per the Zacks industry classification, the chemical industry falls under the broader Basic Materials sector. The second-quarter earnings picture for this sector looks bleak. Basic Materials is among the Zacks sectors that are expect ...

In its upcoming report, Air Products and Chemicals (APD) is predicted by Wall Street analysts to post quarterly earnings of $3.04 per share, reflecting an increase of 2% compared to the same period last year. Revenues are forecasted to be $3.04 billion, representing a year-over-year increase of 0.2%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projec ...

LEHIGH VALLEY, Pa., July 25, 2024 /PRNewswire/ -- Today, Air Products (NYSE: APD) unveiled plans to build a network of permanent, commercial-scale hydrogen refuelling stations (HRSs), strategically located along major transportation corridors near the Trans-European Transport Network (TEN-T). This vital infrastructure will help connect key locations across Europe and support the advancement of a safe and resilient hydrogen ecosystem.   Air Products' commercial-scale stations will deliver enhanced fueling te ...

Many investors are becoming comfortable with trading options to manage risk and returns. Buying low and selling high is a tried-and-true strategy for building wealth through stocks. But how can you find oversold stocks?  One answer is to follow a technical indicator called the Relative Strength Indicator (RSI). This commonly used indicator helps traders and investors gauge a stock price’s momentum.  The RSI index ranges from 0 to 100. On any given day, most stocks trade between 30 and 70. When a stock has a ...

Dividend aristocrats are stocks with at least 25 years of consecutive annual dividend growth. These "regal" dividend stocks are often considered some of the highest-quality long-term stocks to buy and hold. Yet, perception and reality don't necessarily match. Even when measuring them by total returns, or price appreciation and dividends, many of these names have underperformed relative to the broad market. More importantly, there are "dividend aristocrats," not to mention "dividend kings." The latter have o ...

The materials sector, which tends to be the most sensitive to global economic growth expectations, has been performing well this year, given a resilient U.S. economy. The popular ETFs — Materials Select Sector SPDR (XLB) , Vanguard Materials ETF (VAW) , iShares U.S. Basic Materials ETF (IYM) and Fidelity MSCI Materials Index ETF (FMAT) — have gained 1.7%, 1.8%, 0.6% and 1.8%, respectively, over the past three months.Going into the Q2 earnings season, earnings releases from the sector giants will determine t ...