Air Products (APD) Raises Quarterly Dividend 15.8% to $1.10; 2.6% Yield

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Go back to Air Products (APD) Raises Quarterly Dividend 15.8% to $1.10; 2.6% Yield

Air Products (APD) Tops Q1 EPS by 14c, Offers FY18 EPS Guidance Above Consensus

January 26, 2018 6:03 AM EST

Air Products (NYSE: APD) reported Q1 EPS of $1.79, $0.14 better than the analyst estimate of $1.65.

Q1 FY18 (all from continuing operations):

GAAP EPS of $.70, down 39 percent from the prior year; GAAP net income of $156 millionAdjusted EPS of $1.79*, up 22 percent versus prior year; up 18 percent excluding a $.06 benefit from new U.S. Tax Cuts and Jobs ActAdjusted EBITDA margin of 33.2 percent*

Outlook

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