Air Products reports flat income, issues 2013 guidance below expectations

Air Products reported net income of $305 million for the quarter ended 30 September, essentially flat with the year-ago quarter. Sales of $2.6 billion were up 4% versus the prior year. Reported adjusted earnings of $1.42/share were 1 ct below the median analyst estimate as reported by Thomson Reuters (New York). The company also announced initial earnings guidance for its 2013 fiscal year, ending 30 September 2013, that was 7% below the midpoint of analyst estimates as reported by Thomson Reuters....

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers