Share prices of top industrial gas, natural gas, and hydrogen company Air Products and Chemicals (APD -0.03%) just sank. Investors may have been spooked by some commentary from CEO Seifi Ghasemi, who had this dire warning on the last earnings call: I'd just like to caution everybody on the call that the economic situation in China is not as robust as people might think. As you know, we make products that are used instantaneously. We are a great leading indicator. And things are not really that exciting in t ...

DocuSign股票 - DocuSign股票在过去几周中表现不佳，股价出现20%的下跌[1] - DocuSign股票的RSI指数为30，表明股价处于超卖状态，投资者应该留意可能的反弹[1] Air Products and Chemicals股票 - Air Products and Chemicals股票在本周出现糟糕的财报，导致股价跌至四年低点[1] Charter Communications股票 - Charter Communications股票自上周以来下跌了25%，投资者可以考虑死猫反弹策略[1] - Charter Communications股票的RSI指数也处于极度超卖状态，可能会出现反弹[1]

投资趋势 - 投资者正在预期未来几个月会有大量的利率降息，这导致股价飙升[1] - 在当前市场中，仍然可以找到一些价值股，比如七家高质量的退休股票，每家股票的交易价格都在52周内的最低价附近[1] 星巴克发展 - 星巴克是全球领先的咖啡连锁店，拥有约16,000家门店，其中大部分位于美国以外[2] - 星巴克在中国市场目前处于低迷状态，但长期来看，星巴克在亚洲、欧洲和拉丁美洲等许多国家都有增长空间[4] 退休股票推荐 - 英国石油公司（BP）是一家收益率为4.58%的顶级退休股票，虽然近年来经历了困难，但公司已经开始走向好转[5] - 辉瑞（Pfizer）是另一家值得持有的顶级退休股票，尽管COVID-19疫苗的销售已经下降，但公司的营收仍在增长[9][11] - 霍梅尔食品公司（Hormel Foods）通过改组产品组合，正在适应年轻消费者的偏好，公司股票目前的股息率为3.7%[13][16] - 弗兰科-内华达公司（Franco-Nevada Corp.）是黄金和其他贵金属的专利流媒体领域的主要参与者，尽管公司股票目前处于52周低点，但在通货膨胀加剧的情况下，黄金等金属的保值属性将受到重视[17][19] - 匹克威斯特资本（Pinnacle West Capital）是一家美国公用事业控股公司，拥有亚利桑那公共服务公司和Bright Canyon Energy，公司股票目前的股息率超过5%[21][22] - 空气产品与化学品公司（Air Products & Chemicals）是一家生产氧气、氢气、氮气、氦气等气体的特种化学品公司，公司股票目前的前瞻市盈率低于18倍，是一家值得考虑的退休股票[23][25]

The global hydrogen market is getting explosive, creating big opportunities for hydrogen stocks. According to Research and Markets, the global hydrogen market could be worth about $410.6 billion by 2030 from $242.7 billion in 2023. Global demand for emission-free hydrogen continues to grow. “Clean hydrogen is the ‘Swiss Army Knife’ of zero-carbon solutions because it can do just about everything: Powering trucks, buses, and airplanes…Heating homes and fertilizing crops…Revolutionizing shipping…and cleaning ...

财务数据和关键指标变化 - 第一季度调整后每股收益为2.82美元,同比增长7% [13][25] - EBITDA同比增长8%,EBITDA利润率达39.2%,同比提升500个基点 [22][23][24] - ROCE保持在12%左右,剔除现金后约为13% [24] 各条业务线数据和关键指标变化 美洲 - 价格和销量合计增长5%,其中价格上涨2% [29] - 销量增长3%,主要受益于氢气需求强劲 [29] - EBITDA增长9%,EBITDA利润率提升近800个基点 [30] - 季度环比下降7%,主要受到季节性因素影响 [30] 亚洲 - 中国经济疲软和电子行业需求疲弱持续施加压力 [31] - 价格上涨1%,EBITDA和EBITDA利润率下降,主要受到氦气需求疲弱和成本上升影响 [31] - 环比有所改善,但仍受到业务结构不利影响 [31] 欧洲 - 销量增长9%,受益于在乌兹别克斯坦的新项目 [32] - 价格保持稳定,EBITDA增长28%,EBITDA利润率提升超过1000个基点,其中约一半来自能源成本下降 [32] - 环比有所改善,受益于价格、销量和成本改善 [32] 中东和印度 - 销售额下降,但EBITDA改善,主要受益于Jazan项目二期的完工 [33] 公司和其他 - 设备销售业务收入有所增加,但EBITDA下降,主要受到非LNG设备销售业务成本上升影响 [34] - LNG相关业务保持良好,与客户就相关产品和技术保持建设性对话 [34] 公司战略和发展方向及行业竞争 - 公司坚持"工业气体+清洁氢"双轮驱动的发展战略 [38][39][40][41] - 工业气体业务帮助客户提高产量、降低能耗和排放 [39] - 公司在大规模制氢项目方面具有先发优势,将为能源转型做出重要贡献 [40][41] - 公司认为美国国税局关于绿氢补贴的规定是正确的,有利于实现环境目标 [142][143][144] 管理层对经营环境和未来前景的评论 - 中国经济增长疲弱和氦气需求下降是导致第一季度业绩低于预期的主要原因 [15] - 公司预计2024财年全年调整后每股收益为12.20-12.50美元,第二季度为2.60-2.75美元 [16] - 公司预计2024财年资本支出将在50-55亿美元之间 [16] - 公司有信心未来几年继续保持10%以上的每股收益增长 [183][184] 问答环节重要的提问和回答 问题1 **Jeff Zekauskas 提问** 询问墨西哥湾氨项目的进展情况 [44][45] **Seifi Ghasemi 回答** 氢气部分已投产并产生收益,但氨部分公司不予置评,由合作伙伴负责 [45] 问题2 **Mike Harrison 提问** 询问公司对氦气业务的看法 [53][54][55] **Seifi Ghasemi 回答** 公司氦气供应充足,但需求疲弱,尤其是在亚洲电子行业,公司将维持价格而非追求销量 [54][55] 问题3 **Duffy Fischer 提问** 询问公司现金流情况 [150][151][152][153] **Melissa Schaeffer 回答** EBITDA现金转换率稳定,可分配和投资现金流均为正,经营现金流下降主要是由于权益联营企业收益分配时间性因素和氦气库存增加所致 [152][153] [2][3][13][15][16][22][23][24][25][29][30][31][32][33][34][38][39][40][41][44][45][53][54][55][142][143][144][150][151][152][153][183][184]

For the quarter ended December 2023, Air Products and Chemicals (APD) reported revenue of $3 billion, down 5.6% over the same period last year. EPS came in at $2.82, compared to $2.64 in the year-ago quarter. The reported revenue represents a surprise of -9.35% over the Zacks Consensus Estimate of $3.31 billion. With the consensus EPS estimate being $2.99, the EPS surprise was -5.69%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

Air Products and Chemicals, Inc. (APD) logged first-quarter fiscal 2024 (ended Dec 31, 2023) earnings from continuing operations of $2.73 per share, up from $2.57 recorded in the year-ago quarter. The bottom line was driven by higher pricing and volumes as well as increased equity affiliates' income that more than offset higher costs. Barring one-time items, adjusted earnings per share (EPS) were $2.82. It missed the Zacks Consensus Estimate of $2.99. The industrial gases giant recorded revenues of $2,997.4 ...

Air Products and Chemicals (APD) came out with quarterly earnings of $2.82 per share, missing the Zacks Consensus Estimate of $2.99 per share. This compares to earnings of $2.64 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5.69%. A quarter ago, it was expected that this seller of gases for industrial, medical and other uses would post earnings of $3.11 per share when it actually produced earnings of $3.15, delivering a su ...

Moving forward Creating Shareholder Value Q1 FY24 Earnings Conference Call 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 presentation and are not guarantees of futur ...

Q1 FY24 (comparisons versus prior year): GAAP EPS# of $2.73, up six percent; GAAP net income of $622 million, up six percent; and GAAP net income margin of 20.7 percent, up 230 basis points Adjusted EPS* of $2.82, up seven percent; adjusted EBITDA* of $1.2 billion, up eight percent; and adjusted EBITDA margin* of 39.2 percent, up 510 basis points Recent Highlights Increased quarterly dividend to $1.77 per share in January, the 42nd consecutive year of increases Guidance Updated fiscal 2024 full-year adjuste ...