Air Products and Chemicals stock jumps on earnings beat; APD faces Monday test
Air Products shares rose 6.4% to $272.50 after quarterly adjusted earnings beat estimates at $3.16 per share and revenue climbed to $3.1 billion. The company kept its full-year EPS forecast unchanged despite weaker helium demand and steady sales volumes. GAAP operating income rose 14% to $735 million. Investors await Monday’s factory data and updates on major projects.