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An Air Products spokesman said in a statement: "After missing its earnings and lowering guidance, it is remarkable that Airgas is asking its shareholders to believe they will receive greater value simply with the passage of time".
Rather than lowering guidance, it has raised it as the year has progressed.
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In December, Intrado lowered guidance for revenue and earnings, blaming "product delivery delays and slower-than-anticipated new product penetration".
The lowered guidance from Ford was also driven by old school problems as well as future plans.
Last week it beat third-quarter estimates by a penny a share, but again lowered guidance for the next quarter.
"I think some investors had been expecting them to lower guidance and they didn't," said Laura Champine, an analyst at Morgan Keegan.
Following an investor presentation by the company in Washington on Tuesday, Goldman has cut its 2011 earnings per share estimates by 2% after BAE lowered guidance for its land division sales for the year to between $6bn and $6.5bn.
Also worrying investors was lowered guidance.
Its lowered guidance belies that concept.
But investors and analysts couldn't get past the company's lowered guidance.
The plaintiffs also cited several reports in the media that Facebook had lowered guidance to analysts, who then selectively disclosed that information to investors.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com