Peter McCausland

Airgas (NYSE:ARG) saw its profit rise in the most recent quarter.Earnings and Revenue The company's EPS fell in line with analyst expectations of $1.15 a share while revenue of $1.26 billion missed estimates of $1.27 billion. The estimates of 13 analysts ranged from profit of $1.13 to profit of $1.16.For the first quarter, the company reported profit of $90.8 million. This is 21.1% higher than the year-ago quarter. Revenue climbed 8% from $1.16 billion in the same period last year.Company Fundamental Trends The company's revenue has grown during at least each of the past four quarters on a year-over-year basis.History Against Expectations The company fell in line with estimates last quarter after topping forecasts in the previous quarter. It reported net income of $1.11 versus a mean estimate of net income of $1.07 per share.Official Comment: "Our earnings were strong, notwithstanding the significant incremental challenges we faced in our helium supply chain during the quarter," said A...

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