Earnings Preview: Air Products

Published on Monday, 23 January 2012 12:04 Written by Christian Paolinetti

New York, January 23rd (TradersHuddle.com) - Shares of Air Products and Chemicals, Inc. (NYSE:APD) are trading lower by -0.20% ahead of its quarterly earnings release. Air Products, the industrial and medical gases producer is expected to release its quarterly results on January 24^th.

Wall Street Analysts consensus calls for a profit of $1.36 a share on $2.53 billion revenue.

Air Products estimates have a range of $0.07 a share. The high estimate calls for profit of $1.39 a share and the low estimate is calling for a profit of $1.32 a share, a year ago for the quarter the company reported $1.35 a share.

Air Products and Chemicals, Inc. (NYSE:APD) produces industrial gas and related industrial process equipment. The Company also produces and markets polymer chemicals, performance chemicals, and chemical intermediates. Air Products recovers and distributes a wide variety of gasses for industrial applications, as well as medical and specialty applications.

Other companies on the watch on this earnings event are Praxair, Inc. NYSE:PX and Airgas, Inc. NYSE:ARG.