Airgas Inc. (ARG) announced Thursday morning that it may miss the low end of its fourth-quarter adjusted earnings outlook of $1.18 per share by about 4 percent due to the weaker than expected sales. The consensus estimate is for EPS of $1.22.
Airgas has gapped open sharply lower Thursday and is now down 6.26 at $97.09. The stock has dropped to nearly a 1-month low and has fallen below its 50-day moving average.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.