- Industrial Gases Americas reported adjusted EBITDA of $604.3 million, slightly surpassing the previous year’s figure and the estimated $595.3 million.
- Adjusted EBITDA in Asia rose by 8.8% year-over-year to $353.0 million, exceeding the estimate of $349.5 million.
- Europe’s adjusted EBITDA saw a significant increase of 13% year-over-year, reaching $319.8 million and beating the expected $291.2 million.
- The operating income for Industrial Gases Americas decreased by 4.3% year-over-year to $374.1 million, missing the estimate of $379.1 million.
- Asia’s operating income increased by 8.3% year-over-year to $216.8 million, above the expected $209.6 million.
- Europe’s operating income rose by 10% year-over-year, achieving $225.2 million, surpassing the estimate of $207.8 million.
- The company forecasts fourth-quarter adjusted EPS in the range of $3.27 to $3.47, with an estimate at the upper end.
- Revised fiscal 2025 full-year adjusted EPS guidance is projected between $11.90 and $12.10, maintaining a similar range for the fourth quarter.
- Projected capital expenditures for fiscal year 2025 are approximately $5 billion.
- Analyst recommendations consist of 15 buys, 10 holds, and 1 sell.
Air Products & Chemicals, Inc on Smartkarma
Analyst coverage of Air Products & Chemicals, Inc on Smartkarma by Baptista Research highlights the company’s strategic shift under new CEO Eduardo Menezes. The report focuses on the acceleration of the company’s green hydrogen initiative following significant EU regulatory alignment. Emphasizing a return to core strengths in the industrial gases sector, Air Products is reorienting its focus while addressing challenges from past ventures into high-risk growth areas. The analysis underscores key aspects such as on-site projects with take-or-pay agreements, a strong merchant business, and a portfolio of high-quality joint ventures.
A look at Air Products & Chemicals, Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Air Products & Chemicals, Inc. shows promising attributes for long-term investment. With a balanced rating across Value, Dividend, Growth, Resilience, and Momentum – scoring 2, 3, 3, 3, and 3 respectively – the company appears to offer a stable outlook. Their consistent dividend score reflects a reliable income source for investors, while moderate growth, resilience, and momentum scores indicate a company with steady performance potential.
Air Products & Chemicals, Inc. stands out as a producer of industrial gases and performance materials widely used in various industries. Their product range, including gases like oxygen and nitrogen, as well as specialty materials, serves sectors such as beverages, health, and semiconductors. This diversification in product offerings positions the company well for continued growth and stability in the long term, supported by their well-rounded Smartkarma Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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