Bloomberg News

Airgas Earnings May Miss Guidance as Sales Unchanged

March 21, 2013

(Corrects description of period in first paragraph.)

Airgas Inc. (ARG:US), 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


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Companies Mentioned

  • ARG
    (Airgas Inc)
    • $109.5 USD
    • -0.53
    • -0.48%
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