Air Products Stock Tumbles on Weak Profit Forecast
Key Takeaways Air Products and Chemicals shares tumbled Friday after the company's earnings outlook for the current quarter missed expectations.The gas supplier's results for the first quarter of fiscal 2025 were roughly in line with analysts' estimates.
Air Products plunges after weak Q2 guidance, J.P. Morgan downgrade
Air Products drops a day after reporting Q1 adjusted earnings and revenues that were roughly in line with estimates but guiding Q1 earnings well below Wall Street expectations.
Air Products forecasts dour Q2 profit, sees challenges in China
Air Products forecast second-quarter profit below Wall Street's expectations on Thursday, as the industrial gases manufacturer expects challenging conditions in key regions such as China.
Air Products downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Air Products (APD) to Neutral from Overweight with a price target of $320, down from $345. The firm says industrial gas
Air Products & Chemicals Inc. stock underperforms Friday when compared to competitors
Shares of Air Products & Chemicals Inc. shed 5.39% to $310.44 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.95% to 6,025.99 and Dow Jones Industrial Average falling 0.
JPMorgan cuts Air Products stock rating, target to $320
JPMorgan analysts downgraded Air Products & Chemicals Inc. (NYSE:APD) stock from 'Overweight' to 'Neutral' and lowered the price target to $320 from the previous $345. The downgrade is attributed to potential risks in the company's earnings growth due to a stabilization of industrial gas prices and adverse currency effects.
Hosted on MSN5m
Air Products to Feature Decarbonization Solutions at POWERGEN
Air Products and Chemicals, Inc. APD will showcase how its industrial gases, such as hydrogen, can help the power industry ...
Air Products Beats Estimates for Quarterly Profit Amid Costly Boardroom Battle
However, Air Products forecast second-quarter adjusted profit between $2.75 per share and $2.85 per share, falling short of ...
Morning Call PA18d
Air Products CEO ousted from board in power struggle, but will remain in interim capacity
Shareholders at Air Products voted not to reelect Chairperson Seifi Ghasemi to the Lehigh Valley Fortune 500 company’s board of directors, though Ghasemi is expected to remain CEO for an ...
TMCnet21h
Air Products to Showcase Industrial Decarbonization Solutions at POWERGEN International in Dallas, Texas
Air Products' Industry Experts will Present the Details of Recent Hydrogen Boiler Trials, as well as Information on Hydrogen's Role in Enhancing Microgrid Resilience LEHIGH VALLEY, Pa., Feb. 10, 2025 ...
Air Products downgraded to Market Perform from Outperform at BMO Capital
BMO Capital downgraded Air Products (APD) to Market Perform from Outperform with a price target of $346, down from $366. The weakness in fiscal ...
WFMZ-TV27d
Air Products, while fending off takeover attempt, offers peek at financial outlook
UPPER MACUNGIE TWP., Pa. - Air Products (APD) is offering a sneak peek of its financial outlook, as it tries to beat back an aggressive challenge from an activist investor. The Lehigh County based ...
Morningstar27d
Air Products' Ambitious Capital Deployment Plan Should Support Rapid Growth
Air Products benefits from operating in an industry with a very favorable structure. Despite selling industrial gases, which are essentially commodities, public industrial gas companies have ...
Air Products names former Linde executive as CEO after Seifi Ghasemi steps down
Industrial gases manufacturer Air Products said on Tuesday it has named former Linde executive Eduardo Menezes as its CEO and ...