Air Products Sees Q4 Adj. EPS $3.33-$3.36 vs $3.53 Est.
Portfolio Pulse from Benzinga Newsdesk
Air Products and Chemicals, Inc. (APD) has announced its Q4 adjusted EPS guidance of $3.33-$3.36, which is below the estimated $3.53.
August 01, 2024 | 10:01 am
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Air Products and Chemicals, Inc. (APD) has provided a Q4 adjusted EPS guidance of $3.33-$3.36, which is below the market estimate of $3.53. This could lead to a negative short-term impact on the stock price as the guidance falls short of expectations.
The lower-than-expected EPS guidance suggests that the company's performance may not meet market expectations, which could lead to a decline in investor confidence and a short-term drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100