Air Products (APD) shares drop as manufacturing slowdown and lower demand impact Q1

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Air Products (APD) Misses Q1 EPS by 18c, offers guidance

February 5, 2024 6:03 AM EST

Air Products (NYSE: APD) reported Q1 EPS of $2.82, $0.18 worse than the analyst estimate of $3.00. Revenue for the quarter came in at $3 billion versus the consensus estimate of $3.2 billion.

GUIDANCE:

Air Products sees FY2024 EPS of $12.20-$12.50, versus the consensus of... More