(RTTNews) - Looking ahead, McCausland said that the fourth-quarter trend of low sales volumes continued in April, and with few signs of recovery in the near term, the company is cautious in its outlook for fiscal 2010.
For the first quarter, Airgas expects earnings per share in the range of $0.62 to $0.67, a decline of 23% to 17% from the year-ago quarter. Analysts currently anticipate the company to earn $0.70 per share for the first quarter.
For fiscal 2010, the company expects earnings in the range of $2.60 - $2.90 per share, while analysts anticipate $2.85 per share.
ARG closed Tuesday's trading at $66.24, down $0.96 or 1.43%, on a volume of about 1.89 million shares.
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by RTT Staff Writer
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