Air Products And Chemicals Inc. Q4 adjusted earnings Beat Estimates

(RTTNews) - Air Products And Chemicals Inc. (APD) announced a profit for fourth quarter that decreased from last year.

The company's earnings totaled $452.9 million, or $2.05 per share. This compares with $474.2 million, or $2.15 per share, in last year's fourth quarter.

Excluding items, Air Products And Chemicals Inc. reported adjusted earnings of $441.8 million or $2.00 per share for the period.

Analysts had expected the company to earn $1.99 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.5% to $2.30 billion from $2.20 billion last year.

Air Products And Chemicals Inc. earnings at a glance:

-Earnings (Q4): $441.8 Mln. vs. $386.7 Mln. last year. -EPS (Q4): $2.00 vs. $1.76 last year. -Analysts Estimate: $1.99 -Revenue (Q4): $2.30 Bln vs. $2.20 Bln last year.

-Guidance: Next quarter EPS guidance: $1.85 to $1.90