Air Products (APD) Misses Q3 EPS by 5c

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Go back to Air Products (APD) Misses Q3 EPS by 5c

 Air Products Reports Fiscal 2021 Third Quarter GAAP EPS# of $2.36 and Adjusted EPS* of $2.31

August 9, 2021 6:00 AM EDT

LEHIGH VALLEY, Pa., Aug. 9, 2021 /PRNewswire/ --

Q3 FY21 (comparisons versus prior year):

GAAP EPS of $2.36, up 17 percent; GAAP net income of $532 million, up 16 percent; and GAAP net income margin of 20.4 percent, down 170 basis points. Adjusted EPS* of $2.31, up 15 percent; adjusted EBITDA margin* of 37.5 percent, down 520 basis points.

Q3 FY21 Highlights

Advancing the hydrogen energy transition: Announced plans to build landmark... More