Airgas Earnings May Miss Guidance as Sales Unchanged
By Simon Casey -
2013-03-21T13:51:34Z
(Corrects description of period in first paragraph.)
Airgas Inc. (ARG), the largest U.S. distributor of packaged gases, said it may miss earnings guidance for its fiscal fourth-quarter ending March 31 after “organic” sales growth was flat through February.
Unless the Radnor, Pennsylvania-based company sees a “strong” finish to the quarter, the disappointing sales numbers suggest Airgas may miss the low end of its adjusted earnings guidance of $1.18 to $1.24 a share by about 4 percent, Executive Chairman Peter McCausland said today in a statement.
To contact the reporter on this story: Simon Casey in New York at scasey4@bloomberg.net
To contact the editor responsible for this story: Simon Casey at scasey4@bloomberg.net
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.