Air Products preliminary Q1 adjusted EPS of $2.86 exceeds top of $2.75-$2.85 guidance
Air Products said preliminary fiscal first-quarter 2025 GAAP EPS was $2.77 and adjusted EPS was $2.86, with adjusted EPS above the top of its prior $2.75 to $2.85 guidance range. The figures are preliminary and subject to change because quarter-end close processes are not complete, and the company will release full results on February 6, 2025. Shareholders get an early read on a quarter that beat the company's own guidance, though both GAAP and adjusted EPS rose only about 1% from the prior year.
Key points
- Preliminary Q1 FY25 GAAP EPS of $2.77, up from $2.73 a year earlier (about 1%)
- Preliminary adjusted EPS of $2.86, up from $2.82 a year earlier, versus prior guidance of $2.75 to $2.85
- Adjusted EPS excludes $0.10 per share in shareholder activism costs tied to a proxy contest led by Mantle Ridge L.P., and a $0.05 per share gain on de-designated cash flow hedges
- Full Q1 FY25 results to be released before market open on February 6, 2025
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 14, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.