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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Air Products and Chemicals Inc | NYSE:APD | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.53 | -0.21% | 248.12 | 248.99 | 247.225 | 248.60 | 71,490 | 15:20:40 |
From May 2021 to May 2024
By Dave Sebastian
Air Products & Chemicals Inc. said its profit for the latest quarter fell as it booked a 10-cent-a-share to 15-cent-a-share hit from the Covid-19 pandemic, though sales rose.
The industrial-gases company on Monday posted net income attributable to the company of $473.1 million for the fiscal second quarter, compared with $477.8 million in the same period last year. Earnings were $2.13 a share in the three months ended March 31, compared with $2.15 a share in the prior year.
Adjusted earnings were $2.08 a share. Analysts polled by FactSet were expecting $2.12 a share.
Sales rose to $2.5 billion from $2.22 billion due to 7% higher energy cost pass-through, 4% favorable currency and 2% higher pricing. Analysts were expecting $2.34 billion.
Selling and administrative expenses rose to $210.3 million from $201.7 million.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
May 10, 2021 06:32 ET (10:32 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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