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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 | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 236.34 | 0 | 01:00:00 |
From May 2019 to May 2024
By Michael Tobin
Air Products & Chemicals Inc. (APD) said that fiscal third quarter profit rose even as the company saw a slight dip in sales compared with last year.
The gas and chemical vendor has $488 million in net income, or $2.20 a share, for the quarter ended June 30, compared with $473.9 million, or $1.95 a share during last year's third quarter. Analysts polled by FactSet estimated earnings of $2.15 a share.
Air Products & Chemicals sales fell slightly, with the company reporting $2.22 billion in sales, compared with $2.26 billion in last year's third quarter. Analysts estimated $2.32 billion. The company partially attributed the drop in sales to a contract modification in India.
The company guided fourth quarter adjusted earnings per share between $2.26 and $2.31.
Write to Michael Tobin at michael.tobin@wsj.com
(END) Dow Jones Newswires
July 25, 2019 06:59 ET (10:59 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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