What is Air Products' updated full-year fiscal 2026 adjusted EPS guidance, and what key factors contributed to this upward revision?

Air Products has raised its full-year fiscal 2026 adjusted EPS guidance to $13.39 to $13.49. This revision follows strong Q3 performance, with adjusted EPS of $3.47—exceeding prior guidance—and is supported by growth in its electronics business, ongoing optimization of its project portfolio, and the finalization of a key agreement for the NEOM Green Hydrogen Project.

Why did Air Products report a GAAP operating loss and loss per share in Q3 fiscal 2026 despite strong adjusted EPS?

The GAAP results included a significant operating loss and loss per share due to charges associated with exiting certain clean energy projects—these non-recurring charges are excluded from adjusted EPS, which reflects the company's underlying operational performance.

Air Products Reports Fiscal 2026 Third Quarter Results

Jul 30, 2026

Air Products and Chemicals Inc reported adjusted EPS of $3.47 for Q3 fiscal 2026, exceeding guidance and raising full-year outlook. The company noted electronics growth and finalized an agreement for the NEOM Green Hydrogen Project.

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