Air Products and Chemicals (APD) reported fiscal Q1 adjusted earnings Thursday of $2.86 per diluted share, up from $2.82 a year earlier.

Analysts polled by FactSet expected $2.86.

Sales for the quarter ended Dec. 31 were $2.93 billion, down from $3.00 billion a year earlier.

Analysts surveyed by FactSet expected $2.95 billion.

For fiscal Q2, the airplane fuel company expects adjusted EPS of $2.75 to $2.85. Analysts polled by FactSet expect $3.06.

For fiscal 2025, the company expects adjusted EPS of $12.70 to $13.00. Analysts surveyed by FactSet expected $12.80.