Based on current financial data and attributable to a number of other factors, Air Products has announced a revision of its previous fourth quarter 2008 outlook.
The company revealed that it anticipates posting fiscal 2008 fourth quarter diluted earnings per share (EPS) from continuing operations in the range of $1.24 to $1.26.
This is slightly toned down from its previous earnings expectations for the quarter, which was in the range of $1.37 to $1.42.
The revised outlook is primarily attributable to factors such as the effects of Hurricanes Gustav and Ike, a disruptive fire at the company’s Ulsan, Korea facility, a slowing manufacturing environment, and the impact of the continually strengthening Dollar.
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