Air Products gain on better-than-expected 2026 profit forecast

Air Products and Chemicals

06/11/2025 13:50

** Shares of industrial gases manufacturer Air Products APD.N rise 4.7% to $248.75 premarket

** Co forecasts 2026 adjusted proft in the range of $12.85 to $13.15 per share, the midpoint of which is above the estimate of $12.88 per share - data compiled by LSEG

** Co narrowly beat Q4 adjusted profit estimates, helped by strong sales in its Europe and Asia businesses

** Co posts Q4 adjusted profit of $3.39 per share vs estimate of $3.38 per share

** As of last close, APD shares down 18.1% YTD

 (Reporting by Sumit Saha in Bengaluru)

 ((Sumit.Saha@thomsonreuters.com;))