Air Products Reports Fiscal 2021 Second Quarter GAAP EPS# of $2.13 and Adjusted EPS* of $2.08
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Air Products & Chemicals Inc. (APD) PT Raised to $360 at Cowen
May 11, 2021 6:24 AM EDTCowen analyst Marc Bianchi raised the price target on Air Products & Chemicals Inc. (NYSE: APD) to $360.00 (from $340.00) while maintaining a Outperform rating.
The analyst commented, "APD only modestly o/p after a positive guidance update that should drive upward revisions and announcing... More
Air Products (APD) Misses Q2 EPS by 5c, Revenues Beat; Offers FY21 3Q EPS Guidance Above Consensus, Affirms FY21 EPS Outlook
May 10, 2021 6:04 AM EDTAir Products (NYSE: APD) reported Q2 EPS of $2.08, $0.05 worse than the analyst estimate of $2.13. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.36 billion.
Q2 FY21 (comparisons versus prior year):GAAP EPS of $2.13, down four percent; GAAP net income of $477 million, down three percent; and GAAP net income margin of 19.1 percent, down 300 basis points. These results include an estimated... More