APDAir Products

Next report: No date yet; none in the next 8 weeks
Last result: $3.61In line; vs $3.60 expected on Nov 5
Stock move on it: −2.94%; one session
Typical move: ±2.5%; average over 2 reports
Price: $316.18; +0.32% today · $66.0B cap

Past and upcoming reports


Nov 5, 2026	Sep 30, 2026	Time not given	$3.60	$3.61	In line+0.3%	−2.94%
Jul 30, 2026	Jun 30, 2026	Time not given	$3.34	Missed$3.09	Missed−7.5%	+2.02%

After the report

Jul 30, 2026 report

This covers the Jul 30, 2026 report. The Nov 5, 2026 numbers are in the table above.

Air Products misses Q3 EPS by 8%, stock falls 1.7%

Air Products reported Q3 EPS of $3.09, missing the consensus estimate of $3.36 by $0.27 (-8.0%). The stock declined 1.73% on the following trading day, closing at $295.01. No post-earnings news was released. the miss appears to be the primary driver of the negative reaction. Valuation remains elevated relative to the sector, and insider selling has been notable over the past six months.

Reported against expected

Missed

Reported EPS of $3.09 missed consensus of $3.36 by -8.0% (a $0.27 miss).

Guidance

Guidance not explicitly provided in payload. stock decline suggests disappointment.

How the stock reacted

Stock fell 1.73% on the day following the release, closing at $295.01.

What changed

EPS miss of 8% vs consensus. stock down 1.7%.

What the price now assumes

Market pricing in lower near-term earnings power. valuation still above sector.

What it means for the business

Downgrade bias. watch next quarter's guidance for margin recovery.

The next one to three months, as we saw it then

Better case25%

Guidance rebound or NEOM offtake accelerates earnings.

Base case50%

Stock stabilizes as miss is digested. valuation remains elevated.

Worse case25%

Miss signals structural issues. multiple compression continues.

If you hold it

Hold unless next-quarter revenue misses guidance materially or customer concentration risk worsens.

If you are watching

Entry on a beat with raised guidance. no trade if next quarter also misses.

Scenario odds are a judgement, not measured.