What's In The Offing For Air Products (APD) In Q2 Earnings?

 | Apr 22, 2018 11:00PM ET

Air Products & Chemicals, Inc. (NYSE:APD) is slated to release second-quarter fiscal 2018 results before the market opens on Apr 26.
The company reported adjusted earnings of $1.79 per share for the first quarter, up 22% from the year-ago quarter. Earnings surpassed the Zacks Consensus Estimate of $1.66.
Air Products reported net sales of $2,216.6 million, up around 18% year over year. The top line also beat the Zacks Consensus Estimate of $2,159.2 million.
Air Products surpassed the Zacks Consensus Estimate in the trailing four quarters with an average beat of around 4.7%.
However, Air Products’ shares have moved up 19% over a year, outperforming the Air Products and Chemicals, Inc. Quote

Earnings Whispers

Our proven model does not show that Air Products is likely to beat the Zacks Consensus Estimate this quarter. This is because a stock needs to have both — a positive Original post
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