More on Air Products and Chemicals (APD) FQ2: Net profit slips 2.7% to $296M, hurt by a fall in...

|About: Air Products and Chemical... (APD)|By:, SA News Editor

More on Air Products and Chemicals (APD) FQ2: Net profit slips 2.7% to $296M, hurt by a fall in sales across its operations. The industrial gas company plans to cut 600 jobs, which will cost $86.8M. Lowers FY EPS guidance to $5.47-$5.60 from $5.90-$6.30 prior. For FQ3, predicts $1.40-$1.45 vs. consensus of $1.51. Shares -3.1%.