Investing.com - Air Products (NYSE:APD) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Air Products announced earnings per share of $2.12 on revenue of $2.38B. Analysts polled by Investing.com anticipated EPS of $2.18 on revenue of $2.35B.
Air Products shares are up 1.24% from the beginning of the year and are trading at $276.60 , down-from-52-week-high.They are under-performing the S&P 500 which is up 1.97% from the start of the year.
Air Products follows other major Basic Materials sector earnings this month
Air Products's report follows an earnings beat by Sherwin-Williams on Thursday, January 28, 2021, who reported EPS of $5.09 on revenue of $4.49B, compared to forecasts EPS of $4.85 on revenue of $4.34B.
Southern Copper had beat expectations on Monday, January 25, 2021 with fourth quarter EPS of $0.76 on revenue of $2.35B, compared to forecast for EPS of $0.7002 on revenue of $2.1B.
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