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Published on 5 Feb 2024 on Benzinga

Why Air Products and Chemicals Shares Are Trading Lower By Around 15%? Here Are Other Stocks Moving...

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Shares of Air Products and Chemicals, Inc. APD fell sharply during Monday’s session after the company reported worse-than-expected first-quarter financial results and lowered FY24 adjusted EPS guidance below estimates.

Air Products & Chemicals posted adjusted earnings of $2.82 per share, missing market estimates of $3.00 per share. The company’s quarterly sales came in at $3.00 billion versus expectations of $3.19 billion.

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