Air Products and Chemicals (APD) Stock Movement Summary Air Products and Chemicals reported fiscal Q1 results that exceeded expectations. The company posted profit of $678.2 million ($3.04 per share), up from $617.4 million ($2.77 per share) in the prior year period. Revenue increased to $3.1 billion for the quarter ending December 31, driven largely by higher pricing stemming from elevated energy costs. The company secured over $140 million in NASA contracts to deliver 36.5 million pounds of liquid hydrogen for U.S. launch sites, extending a partnership that began in 1957. Additionally, Air Products increased its quarterly dividend, extending its streak of consecutive dividend increases to 44 years, and maintained its FY-2026 guidance. Wall Street Zen upgraded the stock from "sell" to "hold" rating following the earnings beat and contract wins.
Read full analysisAir Products and Chemicals (APD) Stock Movement Summary Air Products and Chemicals reported fiscal Q1 results that exceeded expectations. The company posted profit of $678.2 million ($3.04 per share), up from $617.4 million ($2.77 per share) in the prior year period. Revenue increased to $3.1 billion for the quarter ending December 31, driven largely by higher pricing stemming from elevated energy costs. The company secured over $140 million in NASA contracts to deliver 36.5 million pounds of liquid hydrogen for U.S. launch sites, extending a partnership that began in 1957. Additionally, Air Products increased its quarterly dividend, extending its streak of consecutive dividend increases to 44 years, and maintained its FY-2026 guidance. Wall Street Zen upgraded the stock from "sell" to "hold" rating following the earnings beat and contract wins.
Air Products and Chemicals Inc. (APD) is a publicly traded company in the Materials sector.