BUZZ-Air Products gain on better-than-expected 2026 profit forecast
Reuters
Yesterday
BUZZ-Air Products gain on better-than-expected 2026 profit forecast
** Shares of industrial gases manufacturer Air Products APD.N rise 4.7% to $248.75 premarket
** Co forecasts 2026 adjusted proft in the range of $12.85 to $13.15 per share, the midpoint of which is above the estimate of $12.88 per share - data compiled by LSEG
** Co narrowly beat Q4 adjusted profit estimates, helped by strong sales in its Europe and Asia businesses
** Co posts Q4 adjusted profit of $3.39 per share vs estimate of $3.38 per share
** As of last close, APD shares down 18.1% YTD
(Reporting by Sumit Saha in Bengaluru)
((Sumit.Saha@thomsonreuters.com;))
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