Airgas Inc (ARG) research, news, and more from GeoInvesting

Company description

Wed, 05 Mar 2008 05:00:00 GMT

Airgas, Inc., through its subsidiaries, is the largest U.S. distributor of industrial, medical, and specialty gases, and hardgoods, such as welding equipment and supplies. Airgas is also the third-largest U.S. distributor of safety products, the largest U.S. producer of nitrous oxide and dry ice, the largest liquid carbon dioxide producer in the Southeast, and a leading distributor of process chemicals, refrigerants, and ammonia products. More than eleven thousand employees work in about nine hundred locations including branches, retail stores, gas fill plants, specialty gas labs, production facilities and distribution centers. Airgas also distributes its products and services through eBusiness, catalog and telesales channels. Its national scale and strong local presence offer a competitive edge to its diversified customer base.

Comments & Business Outlook

Fri, 24 Jul 2009 04:00:00 GMT

Prevailing economic conditions offer limited visibility into future sales and earnings, which should be taken into consideration when evaluating the Company’s guidance.

Airgas has provided second quarter financial guidacne and updated its previously issued full year fiscal 2010 outlook.

2nd Quarter 2009 Guidance Ending September ^a

	2nd Quarter 2009 Guidance	2nd Quarter 2008 Reported	Period Change
GAAP EPS	$0.64 to $0.69	$0.86	-25.6% to -19.8%

Source: See Release, July 23, 2009

FULL YEAR 2010 Guidance Ending March ^a

	Full Year 2009 Guidance	Full Year 2008 Reported	Period Change
GAAP EPS	$2.65 to $2.85	$3.12	-15.1% to -8.7%

Source: See Release, July 23, 2009

^a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement.

Comments & Business Outlook

Wed, 01 Jul 2009 04:00:00 GMT

“The current environment puts a damper on what was a record year for Airgas in earnings and cash flow, but we’re using this time to strengthen our operations so that we are well-positioned for growth when the economy begins to recover,” said McCausland. “The fourth quarter trend of low sales volumes continued in April, and with few signs of recovery in the near term, we are cautious in our outlook for fiscal 2010.

Prevailing economic conditions offer limited visibility into future sales and earnings, which should be taken into consideration when evaluating the Company’s guidance.

1st Quarter 2009 Guidance Ending June ^a

	1st Quarter 2009 Guidance	1st Quarter 2008 Reported	Period Change
GAAP EPS	$0.62 to $0.67	$0.81	-23.0% to -17.0%

Source: See Release, May 5, 2009

FULL YEAR 2010 Guidance Ending March ^a

	Full Year 2009 Guidance	Full Year 2008 Reported	Period Change
GAAP EPS	$2.60 to $2.90	$3.12	-17.0% to -7.0%

Source: See Release, May 5, 2009

Comments & Business Outlook

Thu, 29 Jan 2009 05:00:00 GMT

Guidance Report:

Full-Year Fiscal 2009 Guidance Ending March

2009 EPS Guidance	2008 EPS	Implied EPS Growth
$3.16 to $3.19	$2.66	19% to 20%

Source: Business Wire (January 28, 2009)