Air Products Reports Fiscal 2020 Fourth Quarter GAAP EPS# and Adjusted EPS* of $2.19

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Air Products (APD) Misses Q4 EPS by 2c, Revenues Beat

November 11, 2020 6:04 AM EST

Air Products (NYSE: APD) reported Q4 EPS of $2.19, $0.02 worse than the analyst estimate of $2.21. Revenue for the quarter came in at $2.32 billion versus the consensus estimate of $2.27 billion.

Q4 FY20 (comparisons versus prior year):

GAAP EPS of $2.19, down four percent, including an estimated $0.15-$0.20 negative impact from COVID-19; GAAP net income of $495 million, down five percent; and GAAP net income margin of 21.3 percent, down 140 basis pointsAdjusted EPS* of $2.19, down four percent, including an estimated $0.15-$0.20 negative impact from COVID-19; adjusted EBITDA margin* of 40.4 percent, down 150 basis points

Fiscal 2020 (comparisons... More