Air Products & Chemicals Inc

APD: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$257.00	Gylp	Klfrgdjq

Air Products Earnings: On Track to Reach Full-Year Adjusted EPS Guidance

Krzysztof Smalec

Aug 1, 2024

Wide-moat-rated Air Products’ fiscal third-quarter adjusted EPS of $3.20 came in above management’s guidance of $3.00 to $3.05, and the industrial gas firm maintained its full-year adjusted EPS guidance range of $12.20 to $12.50. We’ve raised our fair value estimate to $309 per share from $303, which reflects our slightly more optimistic near-term projections and time value of money.

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