Air Products Expects FY24 Adjusted EPS Of $12.80 To $13.10 Vs. Consensus Of $12.86; Sees 1Q24 Adjusted EPS Guidance Of $2.90 To $3.05 Vs. Consensus Of $2.99
Portfolio Pulse from Benzinga Newsdesk
Air Products has provided its FY24 adjusted EPS guidance of $12.80 to $13.10, which is above the consensus of $12.86. The company also expects 1Q24 adjusted EPS to be between $2.90 and $3.05, compared to the consensus of $2.99. Additionally, Air Products anticipates capital expenditures of $5.0 billion to $5.5 billion for FY24.
November 07, 2023 | 11:11 am
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Air Products' FY24 adjusted EPS guidance is above the consensus, which could lead to positive market sentiment. The company's anticipated capital expenditures for FY24 could indicate planned growth or improvements.
Air Products' higher than expected EPS guidance for FY24 could lead to positive market sentiment, potentially driving the stock price up in the short term. The company's anticipated capital expenditures for FY24 could indicate planned growth or improvements, which could also positively impact the stock price.
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IMPORTANCE 80
RELEVANCE 100