Jefferies Previews Air Products Q3

“We expect Air Products (NYSE: APD) to report fiscal Q3 EPS of at least $1.47, up 15%,” Jefferies wrote in a report today. “Following its upbeat investor day, we expect the company to focus on providing more granular detail to demonstrate better momentum in the on-site/tonnage business as well as cyclical/‘supply chain recovery' leverage in the merchant gases and electronics businesses.”

Air Products closed Monday at $93.01.