By Patrick Thomas

 

Air Products and Chemicals Inc. (APD) gave its guidance for its 2020 fiscal year on Thursday.

The gas-and-chemical vendor said it expects to report adjusted earnings of between $9.35 and $9.60 a share for its next fiscal year. The company expects capital expenditures of about $4 billion to $4.5 billion for the year, it said.

For its fiscal first quarter, the company said it expects to post adjusted earnings between $2.05 and $2.10 a share. Analysts polled by FactSet were expecting $2.09 a share on an adjusted basis for the period.

 

Write to Patrick Thomas at patrick.thomas@wsj.com

 

(END) Dow Jones Newswires

November 07, 2019 06:34 ET (11:34 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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