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Air Products and Chemicals Posts Higher Fiscal Q2 Adjusted EPS, Sales; Issues Fiscal Q3 Guidance

05/10/2021 02:40

06:29 AM EDT, 05/10/2021 (MT Newswires) -- Air Products and Chemicals (APD) reported Monday fiscal Q2 adjusted earnings of $2.08 per share, up from $2.04 per share a year earlier.

Analysts polled by Capital IQ projected adjusted EPS of $2.11.

Sales were $2.5 billion, up from $2.22 billion a year ago. The Street forecast was $2.35 billion.

Looking ahead, the company expects fiscal Q3 adjusted EPS of $2.30 to $2.40. Analysts polled by Capital IQ project adjusted EPS of $2.29.

For fiscal 2021, the company projects adjusted EPS of $8.95 to $9.10, compared with the Street forecast of $9.04.

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