Air Products & Chemicals (NYSE:APD) issued an update on its FY 2019 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $8.05-8.30 for the period, compared to the Thomson Reuters consensus estimate of $7.44. Air Products & Chemicals also updated its FY19 guidance to $8.05-8.30 EPS.
NYSE APD traded up $0.25 during mid-day trading on Thursday, hitting $161.23. The company’s stock had a trading volume of 53,913 shares, compared to its average volume of 1,361,009. Air Products & Chemicals has a 52-week low of $148.44 and a 52-week high of $175.17. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.24 and a current ratio of 2.17. The firm has a market capitalization of $34.66 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 1.45 and a beta of 1.08.
Air Products & Chemicals (NYSE:APD) last issued its quarterly earnings data on Tuesday, November 6th. The basic materials company reported $2.00 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.99 by $0.01. Air Products & Chemicals had a net margin of 16.77% and a return on equity of 15.30%. The company had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.31 billion. During the same quarter last year, the company earned $1.76 earnings per share. Air Products & Chemicals’s revenue for the quarter was up 4.3% on a year-over-year basis. Sell-side analysts forecast that Air Products & Chemicals will post 8.16 EPS for the current fiscal year.
About Air Products & Chemicals
Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, electronics and performance materials, equipment, and services worldwide. The company produces atmospheric gases, including oxygen, nitrogen, argon, and rare gases; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, syngas, and specialty gases; and equipment for the production or processing of gases comprising air separation units and non-cryogenic generators for customers in various industries, including metals, glass, chemical processing, electronics, energy production and refining, food processing, metallurgical, medical, and general manufacturing.
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