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Benzinga
Benzinga
Business
Akanksha Bakshi

Air Products Trims Earnings Outlook On Portfolio Optimization And Project Exits

Air Products APD
Air,Products,Logo,On,The,Artsquest,Building,,Air,Products,Is

Air Products & Chemicals Inc. (NYSE:APD) announced better-than-expected fiscal third-quarter 2025 results, with adjusted earnings per share (EPS) of $3.09, beating the $2.98 estimate, and sales of $3.02 billion, surpassing the $2.96 billion estimate.

Third-quarter sales climbed 1% year over year, driven by higher energy cost pass-through, favorable pricing, and currency impacts. These largely offset volume declines from the September 2024 LNG business sale, lower global helium demand, and previously exited projects.

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