Airgas, Inc. Issues Q2 2012 EPS Guidance Above Analyst' Estimates; Raises FY 2012 EPS Guidance

Airgas, Inc. announced that for the second quarter of 2012, it expects adjusted earnings per diluted share (EPS) to increase 19% to 24% from $0.83 in the prior year to $0.99 to $1.03, which includes $0.08 of SAP implementation costs and depreciation expense, compared to $0.05 in the prior year. For fiscal 2012, the Company expects adjusted diluted EPS to increase 17% to 21% from $3.34 in fiscal 2011 to $3.90 to $4.05, which includes an anticipated $0.32 of SAP implementation costs and depreciation expense. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.98 for second quarter of 2011; EPS of $3.92 for fiscal 2012.