Air Products & Chemicals (NYSE:APD) issued an update on its first quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $2.05-$2.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.10. Air Products & Chemicals also updated its FY20 guidance to $9.35-$9.60 EPS.
Air Products & Chemicals stock traded up $6.29 during midday trading on Friday, reaching $233.87. The stock had a trading volume of 1,809,915 shares, compared to its average volume of 1,085,902. The company has a current ratio of 2.28, a quick ratio of 2.09 and a debt-to-equity ratio of 0.28. The company has a fifty day moving average price of $216.25 and a two-hundred day moving average price of $218.23. The company has a market capitalization of $47.72 billion, a P/E ratio of 31.39, a PEG ratio of 1.91 and a beta of 0.84. Air Products & Chemicals has a 12 month low of $149.64 and a 12 month high of $234.61.
Air Products & Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, November 7th. The basic materials company reported $2.27 EPS for the quarter, missing analysts’ consensus estimates of $2.29 by ($0.02). The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.37 billion. Air Products & Chemicals had a return on equity of 15.42% and a net margin of 19.14%. The business’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the firm posted $2.00 earnings per share. On average, equities research analysts predict that Air Products & Chemicals will post 8.24 earnings per share for the current fiscal year.
About Air Products & Chemicals
Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, 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 refining, chemical, gasification, metals, electronics, manufacturing, food and beverage, magnetic resonance imaging, energy production and refining, and metals.
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