While reporting financial results for the first quarter on Friday, industrial gases company Air Products and Chemicals, Inc. (APD) said it expects adjusted earnings for the second quarter in a range of $2.95 to $3.10 per share, and maintained its adjusted earnings guidance for the full-year 2026 in the range of $12.85 to $13.15 per share.
On average, analysts polled expect the company to report earnings of $3.02 per share for the quarter and $12.91 per share for the year. Analysts' estimates typically exclude special items.
Air Products continues to expect capital expenditures of approximately $4.0 billion for full-year fiscal 2026.
In Friday's pre-market trading, APD is trading on the NYSE at $258.90, up $2.90 or 1.13 percent.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.