Materials·Industrial Gases·$67.5B
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.37 | N/A | +0.29% |
management commentary, guidance changes, and full analysis available with Pro.
| +0.29% |
Tone: Cautiously Optimistic
Management expressed satisfaction with the EPS results, highlighting effective cost management. However, they acknowledged ongoing market challenges.
We are pleased with our EPS performance this quarter.
Market conditions remain challenging, but we are managing costs effectively.
Air Products & Chemicals reported an EPS that exceeded expectations, but the stock fell by 1.29% following the announcement. Investors may be reacting to the lack of revenue data and the absence of guidance, which can create uncertainty about future performance. The cautious tone from management regarding market conditions may also have contributed to the stock's decline.
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AMERIPRISE FINL INC
Apr 22, 2013