Bjoern Wylezich
It has been a rocky year for Air Products and Chemicals, Inc. (NYSE:APD) with shares down 13% from a year ago. However, investors got some much-needed relief on Thursday when shares popped over 10% in response to mixed earnings that
Air Products and Chemicals: Upside Remains After A Better Than Feared Quarter
Summary
- Air Products and Chemicals, Inc.'s results beat expectations, with EPS up 7% and revenue slightly below estimates.
- Operational concerns arose with its COO's departure, but there were no major issues reported in the latest financial results.
- The company continues to execute growth projects, reducing project risk and signing new contracts, with shares potentially reaching $320 in 12 months.
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