ALLENTOWN, Pa. (AP) _ Air Products and Chemicals Inc. (APD) on Thursday reported fiscal fourth-quarter net income of $610.4 million.

The Allentown, Pennsylvania-based company said it had net income of $2.74 per share. Earnings, adjusted to account for discontinued operations, were $2.51 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.50 per share.

The seller of gases for industrial, medical and other uses posted revenue of $2.84 billion in the period.

For the year, the company reported profit of $2.1 billion, or $9.43 per share. Revenue was reported as $10.32 billion.

For the current quarter ending in January, Air Products and Chemicals expects its per-share earnings to range from $2.45 to $2.55. Analysts surveyed by Zacks had forecast adjusted earnings per share of $2.52.

The company expects full-year earnings in the range of $10.20 to $10.40 per share.

Air Products and Chemicals shares have risen 11% since the beginning of the year, while the S&P's 500 index has risen 24%. The stock has climbed 4.5% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APD at https://www.zacks.com/ap/APD

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