If I told you in November 2021 that Tesla wouldn’t be one of the worst-performing S&P 500 stocks one month into 2024, it would be the worst performer, you’d have thought I’d lost my grasp of reality. After all, Tesla shares had just hit an all-time high of $414.50 and looked like they would keep increasing. In hindsight, we know that didn’t happen. Thirteen months later, they were trading at $101.81. Fortunately, the share price for long-time shareholders recovered some of those losses in 2023. Since mid-De ...

ROTTERDAM, Netherlands, Feb. 12, 2024 /PRNewswire/ -- Air Products, a world-leading industrial gases company, is proud to announce a significant step forward in its commitment to sustainability through the signing of a Power Purchase Agreement (PPA) for renewable energy with Eneco. This strategic agreement reaffirms Air Products' dedication to help address climate impacts and sourcing a substantial portion of its energy needs in The Netherlands from renewable sources. Under the terms of this 10-year PPA, Ai ...

Share prices of top industrial gas, natural gas, and hydrogen company Air Products and Chemicals (APD -0.03%) just sank. Investors may have been spooked by some commentary from CEO Seifi Ghasemi, who had this dire warning on the last earnings call:I'd just like to caution everybody on the call that the economic situation in China is not as robust as people might think. As you know, we make products that are used instantaneously. We are a great leading indicator. And things are not really that exciting in th ...

Key PointsDocuSign enjoyed a broad rally, but this week's update spoiled the party.APD has the lowest RSI of the bunch, and shares are consolidating from the drop. Charter stock has started to bounce back, and investors should expect more upward momentum in the short term. 5 stocks we like better than Air Products and ChemicalsDespite a soft start to the year, it's looking like stocks have their mojo back and are continuing to build on the upward momentum that started last quarter. All the key indices are b ...

Investors are pricing in a substantial number of interest rate cuts in the coming months, which has led to a surge in stock prices. And while investors might think they’ve missed out on the run, they haven’t. Even in this frothy market, there are still a few pockets of value to be found. We can look at the following seven high-quality retirement stocks below, for example, each trading within 5% of their 52-week lows.Starbucks (SBUX)Source: monticello / Shutterstock.comStarbucks (NASDAQ:SBUX) is the world’s ...

The global hydrogen market is getting explosive, creating big opportunities for hydrogen stocks. According to Research and Markets, the global hydrogen market could be worth about $410.6 billion by 2030 from $242.7 billion in 2023. Global demand for emission-free hydrogen continues to grow. “Clean hydrogen is the ‘Swiss Army Knife’ of zero-carbon solutions because it can do just about everything: Powering trucks, buses, and airplanes…Heating homes and fertilizing crops…Revolutionizing shipping…and cleaning ...

Air Products and Chemicals, Inc. (NYSE:APD) Q1 2024 Earnings Conference Call February 5, 2024 8:30 AM ET Company Participants Sidd Manjeshwar - Vice President, Investor Relations Corporate Treasurer Seifi Ghasemi - Chairman, President and Chief Executive Officer Melissa Schaeffer - Chief Financial Officer Samir Serhan - Chief Operating Officer Conference Call Participants Jeff Zekauskas - JPMorgan Mike Harrison - Seaport Research Partners John Roberts - Mizuho Steve Byrne - Bank of America John McNulty - BM ...

For the quarter ended December 2023, Air Products and Chemicals (APD) reported revenue of $3 billion, down 5.6% over the same period last year. EPS came in at $2.82, compared to $2.64 in the year-ago quarter.The reported revenue represents a surprise of -9.35% over the Zacks Consensus Estimate of $3.31 billion. With the consensus EPS estimate being $2.99, the EPS surprise was -5.69%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to d ...

Air Products and Chemicals, Inc. (APD) logged first-quarter fiscal 2024 (ended Dec 31, 2023) earnings from continuing operations of $2.73 per share, up from $2.57 recorded in the year-ago quarter. The bottom line was driven by higher pricing and volumes as well as increased equity affiliates' income that more than offset higher costs.Barring one-time items, adjusted earnings per share (EPS) were $2.82. It missed the Zacks Consensus Estimate of $2.99.The industrial gases giant recorded revenues of $2,997.4 m ...

Air Products and Chemicals (APD) came out with quarterly earnings of $2.82 per share, missing the Zacks Consensus Estimate of $2.99 per share. This compares to earnings of $2.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.69%. A quarter ago, it was expected that this seller of gases for industrial, medical and other uses would post earnings of $3.11 per share when it actually produced earnings of $3.15, delivering a sur ...