earnings
confidence high
sentiment positive
materiality 0.75
Air Products Q2 GAAP EPS $2.38, up 12%; adj EPS $2.38, up 14%; guidance maintained
Air Products & Chemicals, Inc.
2022-Q2 EPS reported
$4.90
revenue$5,939,300,000
- GAAP EPS $2.38 (+12% YoY); net income $537M (+13%); GAAP margin 18.2% (-90bps).
- Adjusted EPS $2.38 (+14%); adj EBITDA $1,019M (+9%); adj EBITDA margin 34.6% (-270bps).
- Maintained FY2022 adj EPS guidance $10.20-$10.40 (+13-15% YoY); Q3 adj EPS guide $2.55-$2.65.
- Announced $2B hydrogen pipeline/SAF project at World Energy; $1.3B semiconductor on-site awards; new green H2 plant in Arizona.