Air Products reports Q3 GAAP loss of $6.47/sh on $2.9B charges; adj. EPS $3.47 beats guidance

Air Products & Chemicals, Inc.

GAAP operating loss $2.1B, EPS -$6.47, from ~$2.9B pre-tax charges for project exits (Louisiana Clean Energy, Casa Grande).
Adjusted EPS $3.47 exceeds top-end of guidance; adjusted operating income $810M.
Raising FY2026 adjusted EPS guidance to $13.39-$13.49; Q4 guidance $3.55-$3.65.
Announced long-term agreement in Taiwan for four ASUs and pipeline systems for semiconductor customer.
Finalized NEOM Green Hydrogen marketing agreement with Yara for renewable ammonia.

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