Air Products (APD) Reports Q1 EPS of $1.86, Revenues Miss; Offers 2Q19 & FY19 EPS Outlook

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Go back to Air Products (APD) Reports Q1 EPS of $1.86, Revenues Miss; Offers 2Q19 & FY19 EPS Outlook

Air Products Reports Strong Fiscal 2019 First Quarter Results

January 25, 2019 6:00 AM EST

LEHIGH VALLEY, Pa., Jan. 25, 2019 /PRNewswire/ -- 

Q1 FY19 (all from continuing operations; comparisons versus prior year):

GAAP EPS of $1.57, up 124 percent; GAAP net income of $348 million Adjusted EPS of $1.86*, up four percent; adjusted EPS up nine percent excluding the impact of a plant sale in the prior-year quarter Adjusted EBITDA margin of 35.7 percent*, up 250 basis points

Q1 FY19 Highlights

Lu'An gasification project continues to drive sales and profit growth Investments around the world, including second liquid hydrogen plant in California,... More