Earnings To Watch: Air Products & Chemicals Inc (APD) Reports Q3 2024 Result

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Air Products & Chemicals Inc (APD, Financial) is set to release its Q3 2024 earnings on Aug 1, 2024. The consensus estimate for Q3 2024 revenue is $3,035.19 million, and the earnings are expected to come in at $3.06 per share. The full year 2024's revenue is expected to be $12,298.70 million and the earnings are expected to be $12.05 per share. More detailed estimate data can be found here.

Air Products & Chemicals Inc (APD, Financial) Estimate Trends

Over the past 90 days, revenue estimates for Air Products & Chemicals Inc (APD) for the full year 2024 have declined from $12,464.98 million to $12,298.70 million, and for 2025 from $13,386.98 million to $13,162.78 million. During the same period, earnings estimates have increased for the full year 2024 from $11.95 per share to $12.05 per share, and for 2025 from $13.28 per share to $13.33 per share.

Air Products & Chemicals Inc (APD, Financial) Reported History

In the previous quarter of 2024-03-31, Air Products & Chemicals Inc's (APD) actual revenue was $2,930.20 million, which missed analysts' revenue expectations of $3,047.14 million by -3.84%. Air Products & Chemicals Inc's (APD) actual earnings were $2.57 per share, which missed analysts' earnings expectations of $2.74 per share by -6.14%. After releasing the results, Air Products & Chemicals Inc (APD) was down by -0.75% in one day.

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Air Products & Chemicals Inc (APD, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 21 analysts, the average target price for Air Products & Chemicals Inc (APD) is $281.80 with a high estimate of $355 and a low estimate of $210. The average target implies an upside of 5.59% from the current price of $266.87.

Based on GuruFocus estimates, the estimated GF Value for Air Products & Chemicals Inc (APD, Financial) in one year is $288.13, suggesting an upside of 7.97% from the current price of $266.87.

Based on the consensus recommendation from 25 brokerage firms, Air Products & Chemicals Inc's (APD, Financial) average brokerage recommendation is currently 2.4, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.