Air Products (APD) Tops Q2 EPS by 5c; Raises Outlook
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Air Products Reports Very Strong Fiscal 2019 Second Quarter Results
April 24, 2019 6:00 AM EDTLEHIGH VALLEY, Pa., April 24, 2019 /PRNewswire/ --
Q2 FY19 (all from continuing operations; comparisons versus prior year):
GAAP EPS of $1.90, up one percent; GAAP net income of $421 millionAdjusted EPS of $1.92*, up 12 percent; adjusted EPS up 17 percent on a constant currency basis Record adjusted EBITDA margin of 37.7 percent*, up 340 basis pointsGuidance
Increasing fiscal 2019 full-year adjusted EPS guidance to a range of $8.15 to $8.30* per share, up 10 percent* over prior year at midpoint; fiscal 2019 third quarter adjusted EPS guidance of $2.10 to $2.15... More