Air Products & Chemicals Inc. (APD) reported fourth quarter net income of $243.9 million or $1.13 per share, compared to $261.6 million or $1.21 per share last year.
Income from continuing operations was $246.0 million or $1.14 per share, compared to $273.4 million or $1.26 per share in the same quarter last year.
On average, 17 analysts polled by Thomson Reuters expected the company to report earnings of $1.12 per share. Analysts' estimates typically exclude special items.
Sales declined to $2.13 billion from $2.71 billion in the year ago quarter. Eleven analysts estimated revenues of $2.09 billion.
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