UPDATE: Air Products Posts 1.2% Drop In Q4 Profit, Issues Downbeat Outlook
October 29, 2013 at 07:20 AM EDT
Air Products & Chemicals (NYSE: APD ) reported a 1.2% drop in its fiscal fourth-quarter earnings. For the new year, Air Products expects adjusted earnings of $5.70 to $5.90 per share, versus analysts' estimates of $6.04 per share. It also projects Q1 earnings of $1.30 to $1.35 per share.