Air products reports fiscal 2024 first quarter gaap eps of $2.73 and adjusted eps of $2.82
Q1 fy24 (comparisons versus prior year): gaap eps# of $2.73, up six percent; gaap net income of $622 million, up six percent; and gaap net income margin of 20.7 percent, up 230 basis points adjusted eps* of $2.82, up seven percent; adjusted ebitda* of $1.2 billion, up eight percent; and adjusted ebitda margin* of 39.2 percent, up 510 basis points recent highlights increased quarterly dividend to $1.77 per share in january, the 42nd consecutive year of increases guidance updated fiscal 2024 full-year adjusted eps guidance* of $12.20 to $12.50, up six to nine percent over prior year adjusted eps*; fiscal 2024 second quarter adjusted eps guidance* of $2.60 to $2.75 continue to expect fiscal year 2024 capital expenditures* of $5.0 billion to $5.5 billion # earnings per share is calculated and presented on a diluted basis from continuing operations attributable to air products. *certain results in this release, including in the highlights above, include references to non-gaap financial measures on a consolidated, continuing operations basis and a segment basis.
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