Q3 showed stronger profitability, with adjusted operating margin up 110 bps and EPS rising 12%, supporting higher full-year guidance. The new CEO is reshaping the energy-transition portfolio, exiting weaker projects and prioritizing investments with higher returns and better capital efficiency. Lower CAPEX and a $3 billion industrial-gas backlog should improve free cash flow and reduce dependence on large-scale transition projects.
APD's 25% rally is backed by high-return projects, productivity gains, forecast-topping earnings and raised fiscal 2026 guidance.
Here is how Air Products and Chemicals (APD) and Avient (AVNT) have performed compared to their sector so far this year.
APD's earnings outlook, high-return projects and productivity initiatives are fueling momentum, with guidance raised for fiscal 2026.
Air Products benefits from high-return projects, productivity gains and new deals, despite helium pricing and European market headwinds.
The Zacks Chemicals Diversified is expected to benefit from healthy demand across major end-use markets and the end of destocking activities. APD, DD, AVNT and IOSP are set to gain from strategic actions and demand recovery.
Air Products and Chemicals (APD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here is how Air Products and Chemicals (APD) and Quaker Chemical (KWR) have performed compared to their sector so far this year.
Air Products beat fiscal Q3 earnings estimates as higher on-site volumes, pricing and currency lifted results, while sales narrowly missed estimates.
Air Products and Chemicals, Inc. (APD) Q3 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Air Products and Chemicals (APD) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Air Products and Chemicals (APD) came out with quarterly earnings of $3.47 per share, beating the Zacks Consensus Estimate of $3.36 per share. This compares to earnings of $3.09 per share a year ago.