AZZ: Fiscal Q2 Earnings Snapshot

Associated Press Finance
1 min read
0
In this article:

FORT WORTH, Texas (AP) — FORT WORTH, Texas (AP) — AZZ Inc. (AZZ) on Tuesday reported fiscal second-quarter net income of $28.3 million, after reporting a loss in the same period a year earlier.

The Fort Worth, Texas-based company said it had profit of 97 cents per share. Earnings, adjusted for non-recurring costs, came to $1.27 per share.

The electrical equipment maker posted revenue of $398.5 million in the period.

AZZ expects full-year earnings in the range of $3.85 to $4.35 per share, with revenue in the range of $1.4 billion to $1.55 billion.

AZZ shares have increased 14% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $45.90, a rise of 18% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AZZ at https://www.zacks.com/ap/AZZ

Advertisement

Recommended Stories