Air Products (APD) Tops Q3 EPS by 6c; Raises Outlook
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Air Products Reports Fiscal 2017 Third Quarter GAAP EPS of $.47 and Strong Growth in Adjusted EPS of $1.65, up 15 Percent*
August 1, 2017 6:00 AM EDTLEHIGH VALLEY, Pa., Aug. 1, 2017 /PRNewswire/ --
Q3 FY17 (all from continuing operations):
On a GAAP basis, EPS of $.47, down 59 percent versus the prior year; operating margin of 11.9 percent, down 870 basis points versus the prior year Adjusted EPS of $1.65*, up 15 percent versus prior year; adjusted operating margin of 21.8 percent; adjusted EBITDA margin of 34.0 percent down 120 basis points versus the prior year Increased fiscal 2017 adjusted EPS guidance to $6.20 to $6.25, which at the midpoint, is up $0.10 from prior guidance and represents a 10 percent increase over the prior year; fiscal 2017 fourth quarter adjusted... More