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Barchart
Barchart
Kritika Sarmah

Air Products and Chemicals’ Quarterly Earnings Preview: What You Need to Know

Valued at a market cap of $56.7 billion, Air Products and Chemicals, Inc. (APD) is a global leader in industrial gases and related equipment, headquartered in Allentown, Pennsylvania. Founded in 1940, the company produces and supplies atmospheric and process gases, performance materials, and equipment to a wide range of industries, including chemicals, refining, metals, electronics, food and beverage, and healthcare.

The chemical company is ready to post its Q4 earnings on Thursday, Nov. 6, before the market opens. Ahead of the event, analysts expect APD to report an EPS of $3.41 per share, down 4.2% from $3.56 per share in the year-ago quarter. It has exceeded or met analysts' earnings estimates in three of the past four quarters, while missing in the last quarter. 

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