Airgas (ARG) To Report Q4 Earnings: What's In The Cards?
Zacks Investment Research | May 10, 2016 09:50PM ET
Airgas, Inc. (NYSE:ARG) is scheduled to report fourth-quarter fiscal 2016 results on May 12. The company has delivered positive earnings surprises in the trailing four quarters, with an average beat of 1.04%. Let’s see how things are shaping up for this announcement.
Factors to Consider
Airgas is moving ahead with its planned merger with Air Liquide (PA:AIRP). This will create the largest industrial gas company in the world, once the necessary approvals have been obtained. The acquisition represents significant value for shareholders of both companies.
Further, Airgas remains focused on leveraging its infrastructure, managing expenses, expanding its telesales business, enhancing the e-business platform and developing the regional management structure to augment sales growth. The company also continues to work on a number of process improvements and operating efficiency initiatives to enhance customer service offerings. These actions will drive near-term growth.
However, Airgas’ results continue to bear the brunt of a challenging industrial economy. Moreover, falling oil prices, unfavorable currency and high debt levels remain concerns.
Earnings Whispers
Our proven model does not conclusively show that Airgas is likely to beat the Zacks Consensus Estimate this quarter. This is because a stock needs to have both a positive Zacks Investment Research
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