The company said its GAAP EPS from continuing operations for Q3 of fiscal 2024 was $3.13, up 17% from the prior year, and its GAAP net income was $709 million, up 16%. Adjusted EPS was $3.20, up 7%.

1. 01

   The company said its GAAP EPS from continuing operations for Q3 of fiscal 2024 was $3.13, up 17% from the prior year, and its GAAP net income was $709 million, up 16%. Adjusted EPS was $3.20, up 7%.

2. 02

   Air Products said sales for Q3 were $3.0 billion, down 2% from the prior year. Adjusted EBITDA was $1.3 billion, up 5%, and adjusted EBITDA margin was 42.4%, up 260 basis points.

3. 03

   The company said it agreed to sell its LNG process technology and equipment business to Honeywell in an all-cash transaction valued at $1.81 billion. It expects the closing before the end of the calendar year, subject to customary closing conditions, including certain regulatory approvals.

4. 04

   The company said it maintained its full-year adjusted EPS guidance for fiscal 2024 of $12.20 to $12.50, up 6 to 9% over prior-year adjusted EPS. It expects adjusted EPS for Q4 of $3.33 to $3.63 and capital expenditures for the full year of $5.0 billion to $5.5 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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