Air Products And Chemicals Inc. Q4 adjusted earnings Miss Estimates

(RTTNews) - Air Products And Chemicals Inc. (APD) announced earnings for its fourth quarter that rose from last year.

The company's profit came in at $503.2 million, or $2.27 per share. This compares with $452.9 million, or $2.05 per share, in last year's fourth quarter.

Excluding items, Air Products And Chemicals Inc. reported adjusted earnings of $503.2 million or $2.27 per share for the period.

Analysts had expected the company to earn $2.29 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.9% to $2.28 billion from $2.30 billion last year.

Air Products And Chemicals Inc. earnings at a glance:

-Earnings (Q4): $503.2 Mln. vs. $441.8 Mln. last year. -EPS (Q4): $2.27 vs. $2.00 last year. -Analysts Estimate: $2.29 -Revenue (Q4): $2.28 Bln vs. $2.30 Bln last year.

-Guidance: Next quarter EPS guidance: $2.05 to $2.10