Air Products & Chemicals: Q3 Earnings Insights

Shares of Air Products & Chemicals APD were flat in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were down 7.37% year over year to $2.01, which beat the estimate of $1.99.

Revenue of $2,065,000,000 declined by 7.15% from the same period last year, which missed the estimate of $2,080,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Jul 23, 2020

Time: 10:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/m4upp6e9

Price Action

Company's 52-week high was at $296.28

52-week low: $167.43

Price action over last quarter: Up 36.32%

Company Profile

Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the largest supplier of hydrogen and helium in the world. It has a unique portfolio serving customers in a number of industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated $8.9 billion in revenue in fiscal 2019.