Air Products (APD) Misses Q1 EPS by 1c; Guides Modestly Below Views

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Air Products Reports Strong Fiscal 2017 First Quarter Results

January 27, 2017 6:00 AM EST

LEHIGH VALLEY, Pa., Jan. 27, 2017 /PRNewswire/ --

Q1 FY17 (all from continuing operations):

On a GAAP basis, EPS of $1.15, down 11 percent versus the prior year, and operating margin of 17.4 percent, down 260 basis points versus the prior year Adjusted EPS of $1.47*, up nine percent over prior year Adjusted operating margin of 21.7 percent and adjusted EBITDA margin of 34.7 percent, up 110 and 80 basis points, respectively, over prior year Successfully completed the... More