Air Products and Chemicals, Inc. (NYSE:APD) is set to announce fourth quarter earning results on Wednesday 11th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, APD to report 4Q20 income of $ 2.21 per share.
For the full year, analysts anticipate top line of $ 8802.29 million, while looking forward to income of $ 8.39 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 9.35 ~ $ 9.60 per share
Click Here For More Historical Outlooks Of Air Products and Chemicals, Inc.
Previous Quarter Performance
Air Products and Chemicals, Inc. recorded income for the third quarter of $ 2.01 per share, from the revenue of $ 2,065.00 million. The quarterly earnings decreased 7.37 percent while revenues dropped 7.15 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.99 per share from $ 2069.54 million in revenue. The bottom line results beat street analysts by $ 0.02 or 1.01 percent, at the same time, top line results fell short of analysts by $ 4.54 million or 0.22 percent.
Stock Performance
Shares of Air Products and Chemicals, Inc. traded low $ -2.70 or -0.86 percent on Tuesday, reaching $ 309.97 with volume of 1.15 million shares. Air Products and Chemicals, Inc. has traded high as $ 315.57 and has cracked $ 309.52 on the downward trend
The closing price of $ 309.97, representing a 86.75 % increase from the 52 week low of $ 167.43 and a 4.64 % decrease over the 52 week high of $ 327.89.
The company has a market capital of $ 68.47 billion and is part of the Basic Materials sector and Chemicals – Major Diversified industry.
Recent Analyst recommendations
- On 15th October 2020, maintained by Wells Fargo & Co at Overweight rating, with $ 340.00 target price.
- On 22nd September 2020, initiated by Evercore ISI at Outperform rating.
Conference Call
Air Products and Chemicals, Inc. will be hosting a conference call at 2:00 PM eastern time on 11th November 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.airproducts.com
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and services worldwide. The company produces atmospheric gases, including oxygen, nitrogen, argon, and rare gases; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, syngas, and specialty gases; and equipment for the production or processing of gases comprising air separation units and non-cryogenic generators for customers in various industries, including refining, chemical, gasification, metals, electronics, manufacturing, food and beverage, magnetic resonance imaging, energy production and refining, and metals.
