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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% | 248.56 | 0 | 12:08:52 |
From May 2019 to May 2024
By Nathan Allen
Air Products & Chemicals Inc. (APD) on Wednesday reported a slight increase in second-quarter profit and raised its 2019 guidance.
The Pennsylvania-based industrial-gases producer earned a profit of $421.3 million, or $1.90 a share, compared with $416.4 million, or $1.89 a share, for the same period last year.
Excluding items, Air Products reported a profit of $1.92 a share, compared with $1.71 last year and analysts' forecasts of $1.86.
Sales climbed to $2.2 billion from $2.16 billion a year earlier.
Air Products & Chemicals attributed the higher earnings to an increase in sales volumes and higher selling prices.
The company said it expects adjusted per-share earnings in 2019 of $8.15 to $8.30, compared with a previous estimate of $8.05 to $8.30.
For the third quarter the company said it expects adjusted per-share earnings of $2.10 to $2.15.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
April 24, 2019 06:33 ET (10:33 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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