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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 | |
|---|---|---|---|---|---|---|---|---|
| 2.53 | 1.04% | 246.22 | 247.39 | 244.08 | 244.23 | 884,688 | 20:41:18 |
From May 2019 to May 2024
By Patrick Thomas
Air Products and Chemicals Inc. (APD) said its profit rose for its fourth quarter, but missed analysts' expectations as sales declined from a year earlier.
The gas-and-chemical vendor reported a profit of $503.2 million, or $2.27 a share, compared with $452.9 million, or $2.05 a share, a year ago.
The company reported adjusted earnings of $2.27 a share. Analysts polled by FactSet were expecting earnings of $2.32 a share, or $2.30 a share on an adjusted basis.
Sales fell to $2.28 billion from $2.30 billion a year earlier. Analysts had expected $2.36 billion of revenue in the quarter. The company said higher volumes and 3% higher pricing were more than offset by 4% lower energy cost pass-through.
Write to Patrick Thomas at patrick.thomas@wsj.com
(END) Dow Jones Newswires
November 07, 2019 06:30 ET (11:30 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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