Air Products earnings slip on COVID-19 impacts, but narrowly beat estimates

Air Products earnings slip on COVID-19 impacts, but narrowly beat estimates
WESPECH PTE LTD
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24.07.2020

MOSCOW (MRC) -- Air Products today reported net income down 9% year-on-year (YOY), to USD446.5 million, on sales down 7% YOY, to USD2.07 billion. Adjusted earnings fell 7% YOY, to USD2.01/share, slightly ahead of analysts' consensus estimate of USD1.99/share, as reported by Refinitiv (New York, New York), said Chemweek.COVID-19 reduced earnings by 35-40 cents/share, with a 3% YOY drop in

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