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AZZ Inc (AZZ.N)

AZZ.N on New York Stock Exchange

43.20USD
23 May 2018
Change (% chg)

$0.05 (+0.12%)
Prev Close
$43.15
Open
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Volume
4,440
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36,566
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$58.15
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Latest Key Developments (Source: Significant Developments)

Azz Inc. Reports Q4 Earnings Per Share $0.90
Tuesday, 15 May 2018 

May 15 (Reuters) - AZZ Inc ::. REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER, FOURTH QUARTER, FISCAL YEAR 2018, AND ISSUES GUIDANCE FOR FISCAL YEAR 2019.SEES FY 2019 EARNINGS PER SHARE $1.75 TO $2.25.SEES FY 2019 REVENUE $900 MILLION TO $960 MILLION.SEES FY 2018 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.35.SEES FY 2018 EARNINGS PER SHARE $1.73.Q4 EARNINGS PER SHARE $0.90.Q4 REVENUE $200.7 MILLION VERSUS I/B/E/S VIEW $209.9 MILLION.Q4 EARNINGS PER SHARE VIEW $0.48 -- THOMSON REUTERS I/B/E/S.BACKLOG AT END OF 2018 FISCAL YEAR WAS $265.4 MILLION, A DECREASE OF 16.5% COMPARED TO BACKLOG AT END OF PRIOR YEAR OF $317.9 MILLION.BOOKINGS FOR FISCAL 2018 WERE $746.5 MILLION, COMPARED TO $858.9 MILLION FOR PRIOR YEAR, A DECREASE OF 13.1%.  Full Article

AZZ Inc Wins Bid To Acquire Certain Assets Of Lectrus Corp Located In Chattanooga, Tennessee
Tuesday, 13 Mar 2018 

March 13 (Reuters) - Azz Inc ::AZZ INC. WINS BID TO ACQUIRE CERTAIN ASSETS OF LECTRUS CORPORATION LOCATED IN CHATTANOOGA, TENNESSEE.AZZ INC - WON BID TO ACQUIRE CERTAIN ASSETS THROUGH A 363 BANKRUPTCY SALE PROCESS, FROM LECTRUS CORP.AZZ INC - ‍CHATTANOOGA, TENNESSEE FACILITY OF LECTRUS IS INCLUDED IN ASSETS ACQUIRED​.AZZ INC - CO EXPECTS AZZ ENCLOSURE SYSTEMS - CHATTANOOGA FACILITY TO BE ACCRETIVE TO EARNINGS WITHIN FIRST YEAR OF OPERATION​.  Full Article

AZZ Announces Acquisition Of Rogers Brothers Co
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Azz Inc ::AZZ INC. ANNOUNCES ACQUISITION OF ROGERS BROTHERS COMPANY, ILLINOIS-BASED GALVANIZER.AZZ INC - ‍TERMS OF TRANSACTION WERE NOT DISCLOSED​.AZZ - EXPECTS AZZ GALVANIZING - ROCKFORD FACILITY WILL BE ACCRETIVE TO EARNINGS WITHIN FIRST YEAR OF OPERATION.AZZ INC - ‍ACQUISITION INCREASES AZZ'S METAL COATINGS NETWORK OF HOT-DIP GALVANIZING PLANTS TO 45 SITES IN U.S., CANADA​.  Full Article

AZZ Inc Announces Delay Of Fiscal Year 2018 Q3 Form 10-Q
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - AZZ Inc ::TO REVIEW ACCOUNTING METHODOLOGY RESULTING IN A DELAY OF THE ISSUANCE OF ITS FISCAL YEAR 2018 THIRD QUARTER FORM 10-Q. AZZ INC. UPDATES GUIDANCE FOR FISCAL 2018 REVENUE AND EARNINGS PER SHARE..SEES FY 2018 EARNINGS PER SHARE $1.80 TO $2.30.SAYS CURRENTLY ANTICIPATES SIGNIFICANT ONE-TIME, NON-CASH INCOME TAX BENEFIT IN Q4 OF FISCAL YEAR 2018.COMPANY IS ALSO REAFFIRMING ITS CURRENT REVENUE GUIDANCE OF $825 MILLION TO $885 MILLION FOR FY 2018.AZZ - WITHOUT ANTICIPATED BENEFIT FROM REVALUATION OF NET DEFERRED TAX LIABILITIES, FULL YEAR 2018 EPS WOULD FALL "SOMEWHAT BELOW" CURRENT GUIDANCE.  Full Article

AZZ Inc reports Q2 earnings per share $0.32
Tuesday, 3 Oct 2017 

Oct 3 (Reuters) - Azz Inc :Azz inc - ‍adjusted its fiscal year 2018 guidance.Azz inc. Reports financial results for the second quarter of fiscal year 2018.Q2 earnings per share $0.32.Q2 earnings per share view $0.48 -- Thomson Reuters I/B/E/S.Q2 revenue $190.4 million versus i/b/e/s view $196.8 million.Sees fy 2018 revenue $825 million to $885 million.Azz inc sees 2018 eps of $1.80 to $2.30.Fy2018 earnings per share view $2.20, revenue view $851.7 million -- Thomson Reuters I/B/E/S.Azz inc - hurricane harvey caused co to shut down three galvanizing facilities as well as industrial lighting business during quarter​.Azz inc - in quarter, operational performance was further impacted by delay of a couple of large projects that moved into first half of fiscal 2019.Azz inc - ‍q2 fiscal 2018 bookings of $190 million​.Azz inc - backlog at end of q2 of fiscal 2018 decreased 6.1% to $331.2 million compared to backlog at end of prior year q2.  Full Article

AZZ sees FY 2018 earnings per share $1.80 to $2.30
Monday, 25 Sep 2017 

Sept 25 (Reuters) - AZZ Inc :AZZ Inc updates guidance for fiscal 2018 revenue and earnings per share.Sees FY 2018 earnings per share $1.80 to $2.30.AZZ -‍anticipate revenue will be in range of $825 million to $885 million, compared to previous guidance of $880 million to $950 million for fiscal 2018​.FY2018 earnings per share view $2.62, revenue view $873.1 million -- Thomson Reuters I/B/E/S.  Full Article

AZZ Inc announces acquisition of Wisconsin-based Powergrid Solutions Inc
Wednesday, 6 Sep 2017 

Sept 6 (Reuters) - Azz Inc :AZZ Inc - ‍terms of transaction were not disclosed.​.AZZ Inc - ‍expect acquisition to be accretive to earnings within first year of operation​.  Full Article

Azz Inc q1 2018 earnings per share $0.51
Thursday, 6 Jul 2017 

July 6 (Reuters) - Azz Inc :Reports Q1 2018 earnings per share $0.51.Azz Inc. Reports financial results for the first quarter of fiscal year 2018.Q1 revenue $208.6 million versus I/B/E/S view $225.1 million.Q1 earnings per share view $0.70 -- Thomson Reuters I/B/E/S.Reaffirms fy 2018 earnings per share view $2.60 to $3.10.FY2018 earnings per share view $2.79, revenue view $888.6 million -- Thomson Reuters I/B/E/S.Azz Inc - ‍incoming orders for quarter were $193.8 million while shipments for quarter totaled $208.6 million, resulting in a book to ship ratio of 0.93​.Azz Inc sees fy 2018 annual sales in range of $880 million to $950 million.Azz Inc - ‍gross margins for q1 of fiscal year 2018 were 23.6% compared to 26.1% in Q1 of last year​.Azz Inc - first quarter fiscal year 2018 bookings of $193.8 million, resulting in backlog of $331.6 million.Azz Inc - cautiously optimistic that fiscal year 2018 will benefit from improved infrastructure project spending during second half of year.  Full Article

Azz anounces contract award from Beijing Sino-American Yuli Power Technology Co
Tuesday, 25 Apr 2017 

April 25 (Reuters) - Azz Inc :Contract award from beijing sino-american yuli power technology for underground 500kv gas insulated line in china.Azz inc - under terms of contract, azz will provide 11,500 meters of gil to be installed in a tunnel running under city center to minimize disruptions.Contract award is estimated to be valued at greater than $15 million usd.Delivery is scheduled to begin june 2017.  Full Article

AZZ Q4 earnings per share $0.44
Thursday, 20 Apr 2017 

April 20 (Reuters) - AZZ Inc ::AZZ Inc reports financial results for fiscal year 2017.Q4 earnings per share $0.44.Q4 revenue $193.8 million versus I/B/E/S view $215.9 million.Q4 earnings per share view $0.63 -- Thomson Reuters I/B/E/S.Sees FY 2018 sales $880 million to $950 million.AZZ Inc says revises EPS guidance range for fiscal 2018 to $2.60 - $3.10 and sales to $880 million - $950 million.Says expect to introduce new galvabar bendable galvanized rebar and enter powder coating business in fiscal 2018.AZZ Inc - "as we begin new fiscal year, we maintain a positive outlook for fiscal 2018".AZZ Inc - backlog at end of 2017 fiscal year was $346.4 million, an increase of 3.6 percent compared to backlog at end of prior year of $334.5 million.Fy2018 earnings per share view $3.04, revenue view $917.6 million -- Thomson Reuters I/B/E/S.AZZ - given market dynamics of fy 2017, potential exposure to bankruptcy filing by Westinghouse, making adjustment to guidance for fiscal year 2018.AZZ Inc says expect North American galvanizing market conditions to begin to improve in second half of fiscal 2018 as infrastructure spend increases.Says were also impacted by project delays for Westinghouse nuclear projects in fiscal 2017.  Full Article

BRIEF-AZZ Inc Files For Non-Timely 10-K With U.S. SEC

* AZZ INC FILES FOR NON-TIMELY 10-K WITH U.S. SEC Source text: (https://bit.ly/2Kobgm4) Further company coverage: