Air Products Q2 adj. EPS $2.74 (+17% YoY); raises FY2023 adj. EPS guidance to $11.30-$11.50

Air Products & Chemicals, Inc.

2023-Q2 EPS reported $4.54 revenue$6,374,800,000

GAAP EPS $1.97 (-17%), net income $450M (-16%); adjusted EPS $2.74 (+17%), adj. EBITDA $1,151M (+13%)
Raised FY2023 adjusted EPS guidance to $11.30-$11.50 (up 10-12% YoY); Q3 guidance $2.85-$2.95 (up 10-14%)
Completed Jazan Phase II in Jan 2023; issued $600M and €700M inaugural green bonds
Signed four LNG agreements including with Bechtel for Sempra's Port Arthur LNG; two new CO projects in Texas with Eastman and LyondellBasell
CapEx expectation of $5.0-$5.5B for FY2023

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Air Products & Chemicals, Inc. updated its the second quarter of fiscal year 2023 guidance (raised).

Period: the second quarter of fiscal year 2023
Guidance: raised
Result: reported results

Exact text from the filing

On 9 May 2023, the Company issued a press release announcing its earnings for the second quarter of fiscal year 2023.

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Air Products & Chemicals, Inc. filing history →

Source: SEC EDGAR

accession 0000002969-23-000021

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