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Stock impact report

Air Products Shares Scale 52-Week High: What's Driving the Stock? [Yahoo! Finance]

Air Products and Chemicals, Inc. (APD) 
Last air products and chemicals, inc. earnings: 4/23 06:00 am Check Earnings Report
US:NYSE Investor Relations: airproducts.com
Company Research Source: Yahoo! Finance
APD stock has rallied 19% over the past three months, outperforming the Zacks Chemicals Diversified industry's 2.4% rise. It has also topped the S&P 500's roughly 5.6% increase over the same period. Image Source: Zacks Investment Research Let's take a look into the factors that are driving APD stock. Air Products' adjusted earnings of $3.56 per share for the fiscal fourth quarter rose 13% year over year. It also topped the Zacks Consensus Estimate of $3.44. The bottom line was driven by higher volumes and favorable pricing. Air Products is gaining from its investments in high-return industrial gas projects and productivity measures. It remains focused on its gasification strategy and is executing its growth projects. These projects are expected to be accretive to earnings and cash flows. APD is realizing the benefits of the completion of the second phase of the Jazan project in Saudi Arabia. Air Products' carbon-free green hydrogen joint venture (JV) project in Saudi Arabia w Show less Read more
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