Air Products and Chemicals shares tumbled Friday after the company's earnings outlook for the current quarter missed estimates.
Air Products reported steady profit growth, with GAAP net income rising 5% year-over-year in its Q1 2025 financial results, despite a 2% revenue decline primarily due to the sale of its LNG business.
Analysts at JP Morgan and BMO Capital Markets downgraded Air Products and Chemicals Inc (NYSE:APD) on concerns over earnings growth, currency headwinds, and management transition.
Wells Fargo raised the firm’s price target on Air Products (APD) to $365 from $350 and keeps an Overweight rating on the shares. The firm notes ...
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