Air Products (APD) Raises Quarterly Dividend 15.5% to $1.34; 2.3% Yield

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Go back to Air Products (APD) Raises Quarterly Dividend 15.5% to $1.34; 2.3% Yield

Air Products (APD) Tops Q1 EPS by 6c, Revenues Miss; Maintains Q2 & FY20 EPS Outlook

January 24, 2020 6:03 AM EST

Air Products (NYSE: APD) reported Q1 EPS of $2.14, $0.06 better than the analyst estimate of $2.08. Revenue for the quarter came in at $2.25 billion versus the consensus estimate of $2.29 billion.

Q1 FY20 (comparisons versus prior year):

GAAP EPS of $2.14, up 36 percent; GAAP net income of $489 million, up 37 percent; and GAAP net income margin of 21.7 percent, up 570 basis pointsAdjusted EPS* of $2.14, up 15 percent; adjusted EBITDA margin* of 40.3 percent, up 460 basis... More