2023-11-07 06:05:11 ET
- Air Products and Chemicals press release ( NYSE: APD ): Q4 Non-GAAP EPS of $3.15 beats by $0.04 .
- Revenue of $3.2B (-10.4% Y/Y) misses by $150M .
- Adjusted EBITDA of $1.3 billion, up 10 percent; and adjusted EBITDA margin of 39.5 percent, up 740 basis points.
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Guidance
- Fiscal 2024 full-year adjusted EPS guidance of $12.80 to $13.10, up 13 percent at the midpoint over prior year adjusted EPS vs. consensus of $11.49; fiscal 2024 first quarter adjusted EPS guidance* of $2.90 to $3.05, up 13 percent at the midpoint over prior year first quarter adjusted EPS vs. consensus of $3.00.
- Expect fiscal year 2024 capital expenditures* of $5.0 billion to $5.5 billion.
For further details see:
Air Products and Chemicals reports mixed Q3 earnings; initiates Q1 and updates FY23 outlook