Air Products (APD) Tops Q2 EPS by 4c; Maintains Outlook
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Air Products Reports Strong Fiscal 2017 Second Quarter Results
April 27, 2017 6:00 AM EDTLEHIGH VALLEY, Pa., April 27, 2017 /PRNewswire/ --Â
Q2 FY17 (all from continuing operations):
On a GAAP basis, EPS of $1.39, up nine percent versus the prior year; operating margin of 19.8 percent, down 110 basis points versus the prior year Adjusted EPS of $1.43*, up four percent versus prior year; adjusted operating margin of 20.5 percent and adjusted EBITDA margin of 32.9 percent, down 150 and 300 basis points, respectively, versus the prior year Maintaining fiscal 2017 adjusted EPS guidance of $6.00 to $6.25, which at the midpoint, represents a nine percent increase over the prior year; fiscal 2017 third... More