NYSE$APD
Air Products & Chemicals Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Air Products reported strong Q1 2020 results with increased GAAP EPS and net income, driven by higher pricing and volumes across all regions.
Air Products reported a strong first quarter in fiscal year 2020, with GAAP EPS up 36 percent and net income up 37 percent compared to the prior year, driven by higher pricing and volumes in all three regions. The company announced an 18-cent dividend increase and a significant U.S. investment. They are maintaining their full-year adjusted EPS guidance.
- GAAP EPS increased by 36 percent to $2.14.
- GAAP net income rose by 37 percent to $489 million.
- Adjusted EPS increased by 15 percent to $2.14.
- Announced an 18-cent dividend increase, marking 38 years of consecutive increases.
Headline financials
Revenue & EPS history
Air Products · Revenue · Quarterly
$2.25B
Revenue by segment
Air Products · $2.16B total across 4 segments · Q1 2020
- Americas$936M—43.3%
- Asia$693M—32.0%
- Europe$499M—23.1%
- Corporate and other$34.4M—1.6%
Forward guidance
Air Products is maintaining full-year fiscal 2020 adjusted EPS guidance of $9.35 to $9.60 per share, up 14 to 17 percent over prior year. For the fiscal 2020 second quarter, Air Products' adjusted EPS guidance is $2.10 to $2.20 per share, up nine to 15 percent over fiscal 2019 second quarter adjusted EPS. Air Products continues to expect capital expenditures of approximately $4 billion to $4.5 billion for full-year fiscal 2020.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
-0.3%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+0.9%
Avg return
30 days after
45%
33 / 73 earnings
Positive
+12.6%
Q4 2022
Best reaction
-15.5%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -0.1% | +0.5% | -8.0% | |
| Q1 2026 | +6.6% | +11.9% | +7.7% | |
| Q4 2025 | +8.9% | +10.4% | +9.7% | |
| Q3 2025 | -0.8% | +0.8% | +1.4% | |
| Q2 2025 | +0.4% | -1.3% | +2.9% | |
| Q1 2025 | -1.5% | -7.1% | -5.0% | |
| Q4 2024 | +2.0% | +1.4% | +4.4% | |
| Q3 2024 | +6.8% | +5.6% | +5.7% | |
| Q2 2024 | -0.3% | +3.3% | +9.4% | |
| Q1 2024 | -15.5% | -14.8% | -5.8% | |
| Q4 2023 | -10.8% | -8.9% | -10.1% | |
| Q3 2023 | -5.0% | -5.3% | -0.4% | |
| Q2 2023 | -4.9% | -5.9% | -4.1% | |
| Q1 2023 | -10.4% | -10.4% | -7.3% | |
| Q4 2022 | +12.6% | +15.4% | +29.9% | |
| Q3 2022 | +6.9% | +5.3% | +0.3% | |
| Q2 2022 | -4.7% | -6.8% | +1.9% | |
| Q1 2022 | -9.4% | -7.7% | -18.7% | |
| Q4 2021 | +2.4% | +3.9% | -4.5% | |
| Q3 2021 | -4.5% | -3.8% | -7.9% | |
| Q2 2021 | +3.5% | +3.6% | +2.3% | |
| Q1 2021 | -8.5% | -8.0% | -4.6% | |
| Q4 2020 | -14.4% | -14.0% | -13.7% | |
| Q3 2020 | -1.4% | -2.1% | -3.1% | |
| Q2 2020 | +1.1% | +4.3% | +9.3% | |
| Q1 2020 | -1.6% | -0.0% | +7.5% | |
| Q4 2019 | +6.9% | +8.3% | +6.0% | |
| Q3 2019 | +2.5% | +3.1% | -1.9% | |
| Q2 2019 | +1.5% | +3.5% | +4.0% | |
| Q1 2019 | +2.2% | +4.8% | +15.1% | |
| Q4 2018 | +2.3% | +1.6% | +2.5% | |
| Q3 2018 | +2.5% | +4.4% | +5.5% | |
| Q2 2018 | -0.3% | -1.9% | -0.3% | |
| Q1 2018 | -4.2% | -3.2% | -5.6% | |
| Q4 2017 | +4.1% | +3.1% | +4.5% | |
| Q3 2017 | +4.2% | +3.6% | +2.3% | |
| Q2 2017 | -0.8% | +1.4% | +1.6% | |
| Q1 2017 | -5.3% | -6.8% | -5.3% | |
| Q4 2016 | +0.6% | -0.5% | +6.4% | |
| Q3 2016 | +0.3% | -0.5% | +3.5% | |
| Q2 2016 | -1.6% | — | — | |
| Q1 2016 | +10.3% | — | — | |
| Q4 2015 | -2.2% | — | — | |
| Q3 2015 | +6.2% | — | — | |
| Q2 2015 | -3.5% | — | — | |
| Q1 2015 | +4.9% | — | — | |
| Q4 2014 | +4.5% | — | — | |
| Q3 2014 | +3.7% | — | — | |
| Q2 2014 | -0.6% | — | — | |
| Q1 2014 | -0.2% | — | — | |
| Q4 2013 | -2.1% | — | — | |
| Q3 2013 | +2.7% | — | — | |
| Q2 2013 | -0.6% | — | — | |
| Q1 2013 | -1.3% | — | — | |
| Q4 2012 | -7.5% | — | — | |
| Q3 2012 | -0.8% | — | — | |
| Q2 2012 | -3.7% | — | — | |
| Q1 2012 | -2.4% | — | — | |
| Q4 2011 | -3.0% | — | — | |
| Q3 2011 | -2.1% | — | — | |
| Q2 2011 | +0.8% | — | — | |
| Q1 2011 | -0.5% | — | — | |
| Q4 2010 | +1.2% | — | — | |
| Q3 2010 | +0.4% | — | — | |
| Q2 2010 | -2.3% | — | — | |
| Q1 2009 | -1.7% | — | — | |
| Q1 2010 | +1.1% | — | — | |
| Q2 2009 | -0.6% | — | — | |
| Q4 2007 | -0.6% | — | — | |
| Q4 2009 | -0.6% | — | — | |
| Q3 2008 | +2.3% | — | — | |
| Q4 2008 | +2.3% | — | — | |
| Q3 2009 | +2.3% | — | — |
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