Air Products (APD) Earnings Beat, Revenues Miss Estimates in Q2
Air Products and Chemicals(APD) Zacks Investment Research·2024-05-01 00:16
Air Products and Chemicals, Inc. (APD) logged second-quarter fiscal 2024 (ended Mar 31, 2024) earnings from continuing operations of $2.57 per share, up from $1.97 recorded in the year-ago quarter. The bottom line was driven by lower charges for business and asset actions, favorable pricing and lower other costs, which were more than offset by reduced equity affiliates' income, lower volumes and increased interest expense.Barring one-time items, adjusted earnings per share were $2.85, beating the Zacks Cons ...