Air Products gains in premarket after FY27 outlook tops estimates
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Air Products shares rose about 0.5% in premarket trading on Thursday after the industrial gases maker forecast fiscal 2027 earnings above Wall Street estimates, though the muted move reflects in-line fourth-quarter profit and a revenue beat flattered by a…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishAnnual guidance above consensus, though the reaction is muted by in-line fourth-quarter profit.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Air Products expects FY27 adjusted earnings of $14.15 to $14.50 per share, versus $13.45 expected.
- 02Fourth-quarter adjusted earnings were $3.61 per share, in line with estimates.
- 03Sales rose 12% to $3.56 billion, above the $3.32 billion consensus.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets