BUZZ-Air Products falls on lower-than-expected Q2 profit forecast

Reuters
02-06
BUZZ-Air Products falls on lower-than-expected Q2 profit forecast

** Shares of industrial gases maker Air Products APD.N fall 1.1% to $329.40

** Co forecasts Q2 profit below expectations due to soft demand

** Expects Q2 EPS to be $2.75-$2.85, below analysts' average estimate of $3.05 - data compiled by LSEG

** APD posts Q1 adj. earnings of $2.86/share, beating estimates of $2.85, helped by higher sales in Asia and Americas

** Shares up 6.4% in 2024

(Reporting by Katha Kalia)

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