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Air Products And Chemicals Inc. Q2 adjusted earnings Beat Estimates

(RTTNews) - Air Products And Chemicals Inc. (APD) released a profit for its second quarter that rose from last year.

The company's profit totaled $421.3 million, or $1.90 per share. This compares with $416.4 million, or $1.89 per share, in last year's second quarter.

Excluding items, Air Products And Chemicals Inc. reported adjusted earnings of $425.1 million or $1.92 per share for the period.

Analysts had expected the company to earn $1.87 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.4% to $2.19 billion from $2.16 billion last year.

Air Products And Chemicals Inc. earnings at a glance:

-Earnings (Q2): $425.1 Mln. vs. $377.6 Mln. last year.
-EPS (Q2): $1.92 vs. $1.71 last year.
-Analysts Estimate: $1.87
-Revenue (Q2): $2.19 Bln vs. $2.16 Bln last year.

-Guidance:
Next quarter EPS guidance: $2.10 to $2.15
Full year EPS guidance: $8.15 to $8.30
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