Air Products Forecasts FY 2027 EPS of $14.15-$14.50 and Targets $3B-$3.5B in Capital Expenditures
During the Q4 fiscal 2026 earnings call, Air Products and Chemicals (APD) management outlined a strategic pivot toward its core business operations. CEO Eduardo Menezes characterized the current period as a reset phase, focusing on optimizing the company's portfolio by adjusting legacy energy transition projects. The company provided long-term financial guidance, projecting earnings per share (EPS) for fiscal year 2027 to fall between $14.15 and $14.50. To support its strategic direction and infrastructure needs, Air Products plans to maintain significant capital expenditure levels, targeting a range of $3 billion to $3.5 billion.
Tickers: $APD
Topics: earnings call energy transition fiscal year results portfolio restructuring