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

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

Air Products Reports Fiscal 2020 First Quarter GAAP EPS# of $2.14, Up 36 Percent, and Adjusted EPS* of $2.14, Up 15 Percent

January 24, 2020 6:00 AM EST

LEHIGH VALLEY, Pa., Jan. 24, 2020 /PRNewswire/ --

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 points Adjusted EPS* of $2.14, up 15 percent; adjusted EBITDA margin* of 40.3 percent, up 460 basis points

Q1 FY20 Highlights

Announced 18-cent, or more than 15 percent,... More