earnings
confidence high
sentiment negative
materiality 0.90
Air Products Q2 GAAP loss $1.7B from $2.3B charges; cuts FY25 adj EPS to $11.85-$12.15
Air Products & Chemicals, Inc.
2025-Q2 EPS
reported -$5.00
vs consensus $3.02
▼ miss
(-265.3%)
- GAAP net loss $1.7B ($7.77 diluted loss per share); adjusted EPS $2.69, adjusted EBITDA $1.2B.
- Recorded ~$2.9B in charges ($2.3B after-tax) for exiting three U.S. projects and workforce reductions.
- Appointed Eduardo F. Menezes CEO; Wayne T. Smith Chairman, Dennis H. Reilley Vice Chairman.
- Quarterly dividend increased to $1.79 per share, marking 43rd consecutive annual increase.
- FY2025 adj EPS guidance revised to $11.85-$12.15; Q3 adj EPS $2.90-$3.00; capex ~$5B.