Breaking News
Get 45% Off 0
🌊 NVIDIA ripple effect: Track AI stocks' response to chip giant's earnings
Explore AI Stocks

Air Products To Exhibit Industrial Gas Solutions In Boston

By Zacks Investment ResearchStock MarketsMar 01, 2018 08:17PM ET
www.investing.com/analysis/air-products-to-exhibit-industrial-gas-solutions-in-boston-200295613
Air Products To Exhibit Industrial Gas Solutions In Boston
By Zacks Investment Research   |  Mar 01, 2018 08:17PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
 
APD
-1.25%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
ZEUS
+1.94%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
MX
0.00%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
LYB
-2.27%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
BTC/USD
-0.67%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
Air Products and Chemicals Inc. (NYSE:APD) will highlight industrial gas and equipment solutions range at Seafood Expo North America in Boston, MA from Mar 11-13. These solutions have been geared to help seafood processors improve the yield, reduce the spoilage and save money.
Representatives from the company will speak about food processing challenges at the event. The company offers a host of gas solutions for wastewater treatment, aquaculture, modified atmosphere packaging and inerting, as well as freezing and chilling equipment using nitrogen and carbon dioxide.
The products to be highlighted at the event includeFreshline IQ Tunnel Freezer and Freshline MP Tunnel Freezer. The formeroffers seafood processors continuous high throughput for a broad range of products with easy clean-up and minimal up-front capital investment. Besides being efficient and hygienic, Freshline MP Tunnel Freezeruses unmatched heat transfer capability to achieve cryogenic temperatures throughout the entire length of the tunnel. Additionally, seafood processors can also learn about the remote monitoring capability of freezers, featuring Air Products' Process Intelligence.
Air Products’ shares have lost 1% in the last three months, outperforming the industry’s 2.7% decline.
In first-quarter fiscal 2018, the company reported adjusted earnings of $1.79 per share, up 22% from the year-ago quarter. The bottom line surpassed the Zacks Consensus Estimate of $1.66. Meanwhile, revenues were $2,216.6 million, up around 18% year over year. The top line outpaced the Zacks Consensus Estimate of $2,159.2 million.
For fiscal 2018, the company anticipates adjusted earnings in the range of $7.15-$7.35 per share, up 13-16% from the prior year. The guidance includes an expected benefit of 20-25 cents per share from the U.S. Tax Cuts and Jobs Act. For the fiscal second quarter, Air Products expects the same in the band of $1.65 to $1.70 per share. Also, it projects capital expenditure of $1.2-$1.4 billion for the current year.
Air Products has built a strong project backlog. These projects are anticipated to be accretive to earnings and cash flow over the next few years. In addition, strategic investments in high-return projects, new business deals and acquisitions are expected to drive results in fiscal 2018. The company also remains on track with its cost-reduction programs, which is likely to support margins.

Air Products and Chemicals, Inc. Price and Consensus
Air Products carries a Zacks Rank #2 (Buy).
Some other top-ranked companies in the basic materials space are Olympic Steel, Inc. (NASDAQ:ZEUS) , Methanex Corporation (NASDAQ:MEOH) and LyondellBasell Industries N.V. (NYSE:LYB) , all sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Olympic Steel has an expected long-term earnings growth rate of 7.5%. Its shares rallied 34% over the past six months.
Methanex has an expected long-term earnings growth rate of 15%. Its shares have gained roughly 22% over the past six months.
LyondellBasell has an expected long-term earnings growth rate of 9%. Its shares have rallied around 23% over the past six months.
Don’t Even Think About Buying Bitcoin Until You Read This
The most popular cryptocurrency skyrocketed last year, giving some investors the chance to bank 20X returns or even more. Those gains, however, came with serious volatility and risk. Bitcoin sank 25% or more 3 times in 2017.
Zacks has just released a new Special Report to help readers capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.


Air Products and Chemicals, Inc. (APD): Free Stock Analysis Report

Methanex Corporation (MEOH): Free Stock Analysis Report

LyondellBasell Industries N.V. (LYB): Free Stock Analysis Report

Olympic Steel, Inc. (ZEUS): Free Stock Analysis Report

Original post

Zacks Investment Research
Air Products To Exhibit Industrial Gas Solutions In Boston
 

Related Articles

Air Products To Exhibit Industrial Gas Solutions In Boston

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Apple
Continue with Google
or
Sign up with Email