Air Products and Chemicals Inc. (APD)
Air Products and Chemicals: Upside Remains After A Better Than Feared Quarter
Air Products and Chemicals, Inc.'s results beat expectations, with EPS up 7% and revenue slightly below estimates. Operational concerns arose with its COO's departure, but there were no major issues reported in the latest financial results. The company continues to execute growth projects, reducing project risk and signing new contracts, with shares potentially reaching $320 in 12 months.
Why Shares of Air Products Are Soaring Today
Air Products is a leading supplier of industrial gases. The company beat bottom-line expectations for the third quarter.
Air Products and Chemicals, Inc. (APD) Q3 2024 Earnings Call Transcript
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 Fisher - Goldman Sachs Salvator Tiano - Bank of America Mike Leithead - Barclays Mike Sison - Wells Fargo John Roberts - Mizuho Josh Spector - UBS Patrick Cunningham - Citi Dan Rizzo - Jefferies Operator Good morning and welcome to Air Products Third Quarter Earnings Release Conference Call. Today's call is being recorded at the request of Air Products.
Compared to Estimates, Air Products and Chemicals (APD) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for Air Products and Chemicals (APD) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Air Products' (APD) Q3 Earnings Top Estimates, Revenues Miss
Air Products (APD) sees lower sales in Q3 as higher prices are more than offset by lower energy cost pass-through and unfavorable currency swings.
Air Products and Chemicals (APD) Q3 Earnings Beat Estimates
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.
Can These 4 Chemical Stocks Hit Targets This Earnings Season?
Chemical companies are expected to have benefited from demand recovery across key end markets and moderated de-stocking activities. Let's see how APD, CE, CC and AXTA are poised ahead of their earnings releases.
Coca-Cola Is a Rock-Solid Dividend Stock, but So Are These High-Yield Stocks That Are Down Between 13% and 30% Over the Last Year
UPS now yields over 5%. Devon Energy is poised to generate significant cash flow in the future.
Countdown to Air Products and Chemicals (APD) Q3 Earnings: Wall Street Forecasts for Key Metrics
Evaluate the expected performance of Air Products and Chemicals (APD) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Air Products and Chemicals (APD) Reports Next Week: Wall Street Expects Earnings Growth
Air Products and Chemicals (APD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
3 Oversold Stocks to Buy on the Dip: July 2024
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.
7 Dividend Aristocrats Set to Dominate the Next Decade: July 2024
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.
