164.35 +0.02 (0.01%)
After hours: 4:23PM EDT
|Bid||154.36 x 1100|
|Ask||174.07 x 800|
|Day's Range||162.78 - 165.78|
|52 Week Range||143.79 - 175.17|
|PE Ratio (TTM)||23.94|
|Earnings Date||Oct 24, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||4.40 (2.74%)|
|1y Target Est||189.89|
Albemarle’s (ALB) Catalysts segment accounted for 33.4% of ALB’s total revenues in Q2 2018 compared to 35% in Q2 2017, a decrease of 1.6 percentage points on a YoY (year-over-year) basis. This segment was formed by merging the company’s Refining Solutions and PCS businesses.
International Flavors & Fragrances’ (IFF) Fragrances segment is a major revenue contributor to IFF’s overall revenue. The Fragrances segment reported revenue of $469.47 million in the second quarter, an increase of 9.5% on a YoY basis. The segment’s revenue growth was driven by solid growth across all of its businesses and geographical regions.
Saudi Aramco, Air Products and ACWA Power signed on Sunday an agreement outlining terms for setting up a gasification/power joint venture in Saudi Arabia with assets bought from the state energy giant. "The JV will purchase the gasification assets, power block and the associated utilities from Saudi Aramco for approximately $8 billion," they said a statement. According to the term sheet, U.S.-based Air Products will own at least 55 percent of the joint venture, to be set up in Jazan Economic City (JEC), with Saudi Aramco and ACWA Power owning the balance, the statement said.
DHAHRAN, Saudi Arabia and RIYADH, Saudi Arabia and LEHIGH VALLEY, Pa., Aug. 12, 2018 /PRNewswire/ -- Saudi Aramco, Air Products (APD), and ACWA Power today announced the signing of a Term Sheet to form an over $8 billion Gasification/Power joint venture (JV) located at Jazan Economic City (JEC) in Saudi Arabia. The JV will purchase the gasification assets, power block and the associated utilities from Saudi Aramco for over $8 billion.
DowDuPont (DWDP) reported Q2 2018 revenues of $24.24 billion, an increase of 17.0% over its pro forma revenues of $20.7 billion in Q2 2017. Analysts expected DWDP to report revenues of ~$23.59 billion. The company’s revenues are reported on a continuing operations basis. It should be noted that Dow Chemical and DuPont made several significant divestitures to facilitate the merger.
NEW YORK, Aug. 06, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of athenahealth, ...
LyondellBasell (LYB) is expected to report adjusted earnings per share of $2.92 in Q2 2018, implying a 3.5% increase on a year-over-year basis. In Q1 2017, LYB reported adjusted earnings per share of $2.82. LYB’s projected adjusted EPS growth is expected to be driven by higher revenue growth, share repurchases, and improved selling, general, and administrative expenses (or SG&A) as a percentage of sales.
LEHIGH VALLEY, Pa., July 31, 2018 /PRNewswire/ -- Air Products (APD) today announced that former Chairman and Chief Executive Officer (CEO) Harold ("Hap") A. Wagner died on July 26, 2018 at the age of 82 in California. "Our Air Products family is greatly saddened by Hap's passing, and we extend our deepest sympathies to the Wagner family," said Seifi Ghasemi, chairman, president and chief executive officer.
Praxair’s (PX) Asian segment was its second-biggest revenue contributor in Q2 2018. Its share of the company’s overall revenue expanded by 1.5 percentage points YoY (year-over-year) to ~16.4% from 14.9%. PX’s Asian revenue grew 19.0% YoY in the second quarter, to $502 million from $422 million.
Air Products and Chemicals’ (APD) Industrial Gases–Asia segment accounted for 27.6% of APD’s total revenues in the fiscal third quarter, expanding by 2.2 percentage points YoY (year-over-year) from 25.4%. The segment reported revenues of $623.8 million in the third quarter, compared with $538.3 million in the third quarter of 2017 for growth of 15.9% YoY.
In the fiscal third quarter, Air Products and Chemicals’ (APD) Industrial Gases–EMEA segment’s total revenue contribution expanded 3.5 percentage points YoY (year-over-year) from 21.3% to 24.8%. This segment reported revenues of $561.1 million, implying YoY revenue growth of 24.2%. In the fiscal third quarter of 2017, the segment reported revenues of $415.7 million.
Air Products and Chemicals’ (APD) Industrial Gases–Americas segment was the company’s largest revenue contributor in the fiscal third quarter. The segment accounted for 42.0% of the company’s overall revenues, compared with 43.8% in the fiscal third quarter of 2017, marking a decline of 3.8 percentage points.
In the second quarter, Praxair’s (PX) revenue rose 8.1% YoY (year-over-year) to $3.06 billion from $2.83 billion, beating analysts’ estimate of $3.03 billion. Its revenue breached the $3 billion mark for the first time in three years.
Air Products and Chemicals (APD) reported revenues of $2.26 billion in its fiscal third quarter, implying 6.6% YoY (year-over-year) growth. In the fiscal third quarter of 2017, APD reported revenues of $2.12 billion. However, APD’s reported revenues missed the analysts’ estimate of $2.31 billion.
Praxair (PX) announced its Q2 2018 earnings on July 26. Its adjusted EPS rose 17.8% YoY (year-over-year) to $1.72 from $1.46, beating analysts’ estimate of $1.70. The company’s EPS excluded transaction costs of $0.07 per share related to its proposed merger with Linde. In this series, we’ll look at Praxair’s Q2 revenue, earnings growth, and segment-wise performance.