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    Airgas (ARG) Reports Fiscal Q3 Earnings

    January 30 Jan 2013 | 11:06
     

    crwenews

    arg Airgas, Inc. (NYSE: ARG)

    ARG (“Airgas”) recently reported sales and earnings growth for its third quarter ended December 31, 2012, which reflected the impact of continued economic uncertainty and moderation in business conditions on its diversified customer base. Results for the quarter also reflected the realization of SAP-related benefits as planned, tempered by slightly higher than anticipated implementation costs.

    argchart

    Q3 earnings per diluted share were $1.05, an increase of 13% over prior year earnings per diluted share of $0.93. Excluding a net $0.01 benefit from certain lower-than-expected restructuring costs, adjusted earnings per diluted share* were $1.04, an increase of 7% over prior year adjusted earnings per diluted share* of $0.97. Results included SAP implementation costs and depreciation expense, net of benefits realized, of $0.03 per diluted share in the current year quarter compared to $0.10 of expense in the prior year quarter.

    For more information on Airgas visit www.airgas.com

    In my opinion this is a stock to watch!

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