Airgas, Inc. (ARG) Misses Q4 EPS by 3c; Guides FY15 EPS Below the Street

May 1, 2014 7:40 AM EDT
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Price: $142.95 --0%

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Net Earnings: 77.37M

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Airgas, Inc. (NYSE: ARG) reported Q4 EPS of $1.17, $0.03 worse than the analyst estimate of $1.20. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.29 billion.

Airgas, Inc. sees FY2015 EPS of $5.00-$5.20, versus the consensus of $5.42.

“We delivered record free cash flow* of $441 million and 9% growth in adjusted EPS* for fiscal 2014 in a sluggish economic environment,” said Airgas President and Chief Executive Officer Michael L. Molinini. “We remained focused on outstanding customer service, expense management, and execution of strategic initiatives, which included the achievement of our long-standing target of reaching a run-rate of more than $75 million in SAP-enabled operating income benefits by the end of calendar year 2013.”

For earnings history and earnings-related data on Airgas, Inc. (ARG) click here.



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