Airgas adjusts earnings guidance because of low organic sales

Airgas has updated its 2013 guidance as a result of lower-than-expected organic sales growth—particularly in its distribution segment—with the new earnings per share (EPS) estimation falling somewhere between $1.17 and $1.23 for the fourth quarter ending 31 March, the company says. “Sales to-date in the month of March have not improved appreciably over February, and absent a strong finish in the next 10 days, these weaker-than-expected sales suggest that we may miss the low end of our adjusted EPS  guidance of $1.18 by approximately...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers