Air Products & Chemicals (APD) Tops Q4 EPS by 5c

Air Products & Chemicals (NYSE: APD) reported Q4 EPS of $1.66, $0.05 better than the analyst estimate of $1.61. Revenue for the quarter came in at $2.68 billion versus the consensus estimate of $2.73 billion.

Air Products & Chemicals sees FY2015 EPS of $6.30-$6.55, versus the consensus of $6.37.

Commenting on the quarter, Seifi Ghasemi, chairman, president and chief executive officer, said, "Thanks to the outstanding efforts of our employees, we controlled costs in the fourth quarter. As a result, EPS improved by 13 percent over the same quarter last year and 14 percent sequentially. In September, we announced a major restructuring of our company and presented a road map for our journey to become the safest and most profitable industrial gases company in the world. We are making progress towards that goal."

For earnings history and earnings-related data on Air Products & Chemicals (APD) click here.

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