Will Air Products and Chemicals (APD) Beat Estimates Again in Its Next Earnings Report?

Group 1 - Air Products and Chemicals (APD) has a strong track record of beating earnings estimates, with an average surprise of 5.02% over the last two quarters [1] - For the most recent quarter, APD reported earnings of $3.20 per share, exceeding the expected $3.04 per share, resulting in a surprise of 5.26% [1] - In the previous quarter, APD's earnings were $2.85 per share against an estimate of $2.72 per share, leading to a surprise of 4.78% [1] Group 2 - Recent earnings estimates for Air Products and Chemicals have been revised upwards, indicating positive sentiment among analysts [2] - The Zacks Earnings ESP for APD is currently positive, suggesting a strong likelihood of an earnings beat, especially when combined with its Zacks Rank [2][3] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [2] Group 3 - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [3] - Air Products and Chemicals has an Earnings ESP of +1%, indicating recent bullish sentiment regarding its earnings prospects [3] - A negative Earnings ESP does not necessarily indicate an earnings miss but reduces the predictive power of the metric [3] Group 4 - Companies can beat consensus EPS estimates for various reasons, and some may remain stable even if they miss estimates [4] - It is crucial to check a company's Earnings ESP before quarterly releases to enhance the chances of successful investment decisions [4]