Air Products & Chemicals Q3 2024 Adj. EPS $3.20 Beats $3.03 Estimate, Sales $2.986B Miss $3.035B Estimate
Portfolio Pulse from Benzinga Newsdesk
Air Products & Chemicals (NYSE:APD) reported Q3 2024 adjusted EPS of $3.20, beating the estimate of $3.03. However, sales of $2.986 billion missed the estimate of $3.035 billion and decreased by 1.60% year-over-year.
August 01, 2024 | 10:01 am
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Air Products & Chemicals reported Q3 2024 adjusted EPS of $3.20, beating the estimate of $3.03. However, sales of $2.986 billion missed the estimate of $3.035 billion and decreased by 1.60% year-over-year.
The positive EPS surprise is offset by the sales miss and year-over-year decline in sales. This mixed result is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100