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Airgas Inc Issues Q1 2014 EPS Guidance Below Analysts' Estimates; Issues FY 2014 EPS Guidance In Line With Analysts' Estimates


Thursday, 2 May 2013 07:30am EDT 

Airgas Inc announced that for first quarter of 2014, it expects earnings per diluted share (EPS) to increase 1% to 6% from adjusted earnings per diluted share of $1.13 in the prior year to a range of $1.14 to $1.20, which includes an estimated year-over-year increase of approximately $0.16 related to the SAP initiative, reflecting an estimated $0.06 of net benefit in the fiscal 2014 first quarter compared to $0.10 of expense in the first quarter 2013. For fiscal 2014, it expects EPS to increase 15% to 23% from $4.35 in the fiscal 2013 to a range of $5.00 to $5.35, which includes an estimated year-over-year increase of approximately $0.63 related to the SAP initiative, reflecting an estimated $0.45 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 $1.30 for first quarter of 2014 and EPS of $5.35 for fiscal 2014. 

Company Quote

112.89
2.93 +2.66%
17 Dec 2014