ADVFN - Advanced Financial Network.
HOME» NYSE » A » APD Stock Price » APD Stock News

Air Products Share News

 Air Products & Chemicals, Inc. Stock Price
APD Stock Price
 Air Products & Chemicals, Inc. Stock Chart
APD Stock Chart
 Air Products & Chemicals, Inc. Stock News
APD Stock News
 Air Products & Chemicals, Inc. Company Information
APD Company Information
 Air Products & Chemicals, Inc. Stock Trades
APD Stock Trades

EARNINGS PREVIEW: Material Costs Still In Focus For US Chemical Cos

By Nathalie Tadena Of DOW JONES NEWSWIRES TAKING THE PULSE: Profits in the chemical industry are generally expected to rise this quarter as the sector enjoys a broad recovery on the back of a rebounding manufacturing industry. However, decisions to pass on price increases remain a key issue for chemical companies amid rising raw material costs and worries that profit growth may slow for the rest of the year. Demand from emerging markets has been a key driver in the sector in recent months. COMPANIES TO WATCH Air Products & Chemicals Inc. (APD) - reports July 22 Wall Street Expectations: Analysts polled by Thomson Reuters expect earnings of $1.46 a share on revenue of $2.53 billion. In the year-earlier period, Air Products posted a profit of $1.17 a share, including an 11-cent tax charge, on revenue of $2.25 billion. Key Issues: The industrial-gas maker has posted expectation-beating results on increased volume in recent quarters as its merchant gases business--its largest by revenue--continues to grow in Asia. Air Products, which withdrew its $5.9 billion hostile takeover offer for rival Airgas Inc. (ARG) earlier this year, has had to raise prices to keep up with rising raw material costs. Praxair Inc. (PX) - reports July 27 Wall Street Expectations: Wall Street is looking for per-share earnings of $1.37 on revenue of $2.79 billion. A year earlier, Praxair posted a profit of $1.19 a share on revenue of $2.53 billion. Key Issues: The largest industrial gas company in North and South America posted a better-than-expected first-quarter profit on double-digit sales increases in Asia and South America. Praxair has reported growing earnings on revenue from emerging markets with expanding oil-and-gas industries, such as Mexico and Brazil, in recent quarters. Dow Chemical Co. (DOW) - reports July 27 Wall Street Expectations: Wall Street analysts forecast second-quarter earnings per share of 81 cents on revenue of $14.75 billion. A year earlier, the company posted a profit of 50 cents a share, including a 4-cent restructuring charge, on revenue of $13.62 billion. Key Issues: The largest U.S. chemical producer by revenue has posted eight consecutive quarters of margin growth as it places greater emphasis on specialty chemicals and materials, which yield bigger margins than commodity chemicals. The company has also seen improved earnings in recent quarters as stronger demand and price increases have offset higher purchased feedstock and energy costs. Dow also repaid $2.5 billion in debt in the first quarter, a move the company said will reduce interest expense and immediately boost earnings. DuPont (DD) - reports July 28 Wall Street Expectations: Analysts predict per-share earnings of $1.34 on revenue of $9.86 billion. Last year, the company reported a profit of $1.26 a share, which included a 9 cent charge, on revenue of $8.62 billion. Key Issues: DuPont closed its acquisition of Danish food ingredients and enzymes company Dansico A/S (DNSCY, DCO.KO) in May, enabling the U.S. manufacturer to further diversify from its commodity chemical roots towards faster-growing product areas such as high-tech seeds. The world's largest titanium dioxide producer also announced a plan of more than $500 million to expand its titanium dioxide manufacturing capacity as strong demand from emerging markets continues to boost prices. Airgas Inc. (ARG) - reports July 28 Wall Street Expectations: The Street is looking for 96 cents a share in fiscal first-quarter earnings and revenue of $1.15 billion. In the year-earlier period, the company posted a profit of 76 cents a share, including a 7 cent charge, on revenue of $1.05 billion. Key Issues: Airgas posted improving results over the past year as industrial demand helped drive top-line results and enabled the company to focus on improving metrics such as cylinder utilization. The specialty-gas provider, which fended off a year-long hostile approach from rival Air Products, posted a profit in the fourth quarter on increasing sales to manufacturers and other customers. LyondellBasell Industries NV (LYB) - reporting date to be announced Wall Street Expectations: Analysts predict LyondellBasell, formed after the 2007 merger of Houston-based Lyondell and Europe-based Basell, to post per-share earnings of $1.20 on revenue of $13.27 billion. The year-earlier results aren't comparable as the company emerged from Chapter 11 bankruptcy protection in April 2010. Key Issues: LyondellBasell posted soaring first-quarter earnings as the chemicals company reported improved results across its business segments and improving margins, despite rising prices for raw materials. The company has pointed to particular strength in its olefins and polyolefins and propylene oxide businesses. (The Thomson Reuters estimates and year-earlier figures may not be comparable due to one-time items and other adjustments.) -By Nathalie Tadena, Dow Jones Newswires; 212-416-3287; nathalie.tadena@dowjones.com

Stock News for Air Products (APD)
DateTimeHeadline
08/26/201512:04:19Statement of Changes in Beneficial Ownership (4)
08/26/201508:21:09Statement of Changes in Beneficial Ownership (4)
08/25/201508:19:38Statement of Changes in Beneficial Ownership (4)
08/25/201508:18:32Statement of Changes in Beneficial Ownership (4)
08/24/201509:44:17Statement of Changes in Beneficial Ownership (4)
08/19/201515:16:00Air Products Holds Grand Opening at Its Doe Canyon Helium Plant
08/17/201510:37:00Air Products Signs Second Deal to Supply Integrated Oxy-fuel...
08/04/201514:00:00Air Products' CFO to Address Jefferies 2015 Industrials Conference
08/03/201508:25:11Initial Statement of Beneficial Ownership (3)
08/03/201508:16:23Statement of Changes in Beneficial Ownership (4)
07/30/201515:20:09Air Products Profit Rises Amid Cost Cuts
07/30/201514:46:14Air Products & Chemicals Profit Rises Amid Cost Cuts -- 2nd Update
07/30/201513:38:09Air Products Shares Rise After Better-Than-Seen Profits -- Update
07/30/201512:58:52Quarterly Report (10-q)
07/30/201508:27:25Current Report Filing (8-k)
07/30/201508:06:34Air Products and Chemicals Sales Fall, but Profit Edges Higher
07/30/201506:00:00Air Products Reports Fiscal 2015 Third Quarter EPS Up 13 Percent*
07/29/201516:17:42Statement of Changes in Beneficial Ownership (4)
07/29/201516:15:51Current Report Filing (8-k)
07/29/201516:05:00Air Products' Board Elects New Director

Air Products & Chemicals and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad