| APD |
Report |
Adjusted EPS (Q3 FY26) |
BEAT |
pred ~$3.38 vs. cons $3.34 |
MEDIUM |
| APD |
Report |
Revenue (Q3 FY26) |
IN-LINE |
pred ~$3.19B vs. cons $3.202B |
MEDIUM |
| APD |
Report |
Adjusted operating margin (Q3 FY26) |
MISS |
pred ~23.2% vs. cons ~23.8% |
LOW |
| APD |
Guide |
FY26 adjusted EPS guidance range |
LOWER |
guide ~$13.00-$13.15 (mid $13.08) vs. cons $13.12 (FY26) |
MEDIUM |
| APD |
Guide |
Q4 FY26 implied EPS growth/deceleration commentary |
LOWER |
guide ~low-single-digit (2-4%) y/y growth vs. cons ~6-7% y/y (Q4 FY26) |
MEDIUM |
| APD |
Guide |
FY26 capital expenditure guidance |
UNCHANGED |
guide ~$4.0B vs. cons ~$4.0B (FY26) |
MEDIUM |
| APD |
Return |
Day-1 residual (stock − beta × S&P 500) |
-0.6% |
— |
MEDIUM |
| APD |
Return |
5-day cumulative residual |
-1.4% (FADE) |
Core EPS/revenue likely near-inline-to-modest-beat, but the LCEC charge is already priced in and won't drive a pop; the real swing factor is out-period math: management flagged Q4 deceleration back in Q2, and the unresolved Qatar/Hormuz helium disruption plus Casa Grande/LCEC exit reduce the growth backlog optionality analysts had modeled. Expect sell-side to trim FY26 exit-rate and FY27 numbers even if Q3 headline beats, causing a fade as estimate revisions catch down to the widened helium drag and slower reinvestment ramp in electronics/aerospace. |
MEDIUM |