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Airgas Inc Issues Q2 2014 EPS Guidance Above Analysts' Estimates; Lowers High End Of Prior FY 2014 EPS Guidance


Thursday, 25 Jul 2013 07:30am EDT 

Airgas Inc announced that for second quarter of 2014, it expects earnings per diluted share (EPS) to increase 17% to 21% from adjusted earnings per diluted share of $1.05 in the prior year to a range of $1.23 to $1.27, which includes an estimated year-over-year increase of approximately $0.20 related to the SAP initiative, reflecting an estimated $0.11 of net benefit in the fiscal 2014 second quarter compared to $0.09 of expense in the fiscal 2013 second quarter. For fiscal 2014, it expects earnings per diluted share to increase 15% to 18% from $4.35 in fiscal 2013 to a range of $5.00 to $5.15, which includes an estimated year-over-year increase of approximately $0.65 related to the SAP initiative, reflecting an estimated $0.47 of net benefit in fiscal 2014 compared to $0.18 of net expense in fiscal 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $1.20 for second quarter of 2014; EPS of $5.06 for fiscal 2014. 

Company Quote

110.39
1.48 +1.36%
23 Jul 2014