Air Products (APD) Misses Q1 EPS by 2c, Revenues Beat

Air Products Reports Fiscal 2021 First Quarter GAAP EPS# and Adjusted EPS* of $2.12

February 4, 2021 6:00 AM EST

LEHIGH VALLEY, Pa., Feb. 4, 2021 /PRNewswire/ --

Q1 FY21 (comparisons versus prior year):

GAAP EPS of $2.12, down one percent, including an estimated $0.10-$0.15 negative impact from COVID-19; GAAP net income of $487 million, flat; and GAAP net income margin of 20.5 percent, down 120 basis points Adjusted EPS* of $2.12, down one percent, including an estimated $0.10-$0.15 negative impact from COVID-19; adjusted EBITDA margin* of 39.2 percent, down 110 basis points

Q1 FY21 Highlights

Continued to safely operate more than 750 facilities around the world, reliably supplying customers and executing world-scale projects despite the... More