Air Products and Chemicals (APD) Surpasses Q4 Earnings and Revenue Estimates
π APD reported Q4 earnings of $3.61 per share, beating the consensus estimate of $3.60.
π° Quarterly revenue reached $3.56 billion, exceeding analyst expectations by 7.17%.
π The company has topped consensus EPS and revenue estimates three times in the last four quarters.
π Shares are currently rated Zacks Rank #3 (Hold) due to mixed earnings estimate revision trends.
π APD belongs to the Chemical - Diversified industry, which is ranked in the bottom 18% of all industries.
π The stock has gained 29.1% year-to-date, significantly outperforming the S&P 500's 12.3% gain.
- Air Products and Chemicals reported Q4 earnings of $3.61 per share, beating the consensus estimate of $3.60.
- The company generated quarterly revenue of $3.56 billion, surpassing analyst estimates by 7.17%.
- APD has exceeded both earnings and revenue consensus estimates three times over the last four quarters.
- Shares have appreciated approximately 29.1% year-to-date, significantly outperforming the S&P 500's 12.3% gain.
- The stock is currently assigned a Zacks Rank #3 (Hold) due to mixed trends in recent earnings estimate revisions.
- The Chemical - Diversified industry, where APD operates, is ranked in the bottom 18% of all Zacks industries.