Allentown, Pennsylvania-based Air Products and Chemicals, Inc. (APD) provides atmospheric gases, process and specialty gases, equipment, and related services. Valued at $72.6 billion by market cap, the company develops, engineers, builds, owns, and operates some of the world's largest industrial gas projects, including gasification projects for producing high-value power, fuels, and chemicals. The leading industrial gas supplier is expected to announce its fiscal fourth-quarter earnings for 2024 before the market opens on Thursday, Nov. 7.
Ahead of the event, analysts expect APD to report a profit of $3.44 per share on a diluted basis, up 9.2% from $3.15 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
