Investing.com - Air Products (NYSE:APD) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Air Products announced earnings per share of $2.89 on revenue of $3.57B. Analysts polled by Investing.com anticipated EPS of $2.77 on revenue of $3.21B.
Air Products shares are down 19.42% from the beginning of the year and are trading at $245.17 , down-from-52-week-high.
Air Products follows other major Materials sector earnings this month
Air Products's report follows an earnings beat by Sherwin-Williams on October 25, who reported EPS of $2.83 on revenue of $6.05B, compared to forecasts EPS of $2.59 on revenue of $5.81B.
Nutrien had missed expectations on Wednesday with third quarter EPS of $2.51 on revenue of $8.19B, compared to forecast for EPS of $4.1 on revenue of $8.97B.
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