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Air Products delivered Q3 results that surpassed expectations despite lower helium volumes and the impact of the LNG business divestiture, supported by cost control and productivity improvements.
GAAP EPS rose to $3.24, while adjusted EPS declined slightly to $3.09.
Revenue came in at $3.02 billion, driven by higher pricing and energy cost pass-through.
Net income attributable to Air Products was $713.8 million.
Operating income reached $790.6 million, helped by gains on asset sales.
Air Products narrowed its FY25 adjusted EPS outlook and guided for strong Q4 EPS, supported by cost productivity and capital discipline.