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AZZ Inc (AZZ.N)

AZZ.N on New York Stock Exchange

42.75USD
22 Feb 2018
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Latest Key Developments (Source: Significant Developments)

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 buys Enhanced Powder Coating
Saturday, 1 Jul 2017 

June 30 (Reuters) - AZZ Inc ::AZZ Inc acquires Enhanced Powder Coating, Ltd.AZZ Inc - terms of transaction were not disclosed.AZZ Inc - AZZ anticipates acquisition of EPC will be accretive to earnings within first year of operation.  Full Article

Azz Inc Q2 EPS $0.38
Wednesday, 5 Oct 2016 

Azz Inc : Sees Fiscal 2017 Revenue Slightly Below Previously Issued Guidance Of $930 Million To $970 Million . Sees Fiscal 2017 Earnings Per Share Slightly Below Previously Issued Guidance Of $3.15 To $3.45 Excluding Items . Earnings For Quarter Were Negatively Impacted By Approximately $0.17 Per Share, Net Of Related Tax Benefits . Azz Inc. Reports Financial Results For The Second Quarter Of Fiscal Year 2017 . Q2 Earnings Per Share $0.38 . Q2 Revenue $195 Million Versus I/B/E/S View $223.1 Million . Q2 Bookings Of $193.7 Million, Down 17.1% . Backlog At End Of Q2 Of Fiscal 2017 Was $352.8 Million Compared To Backlog At End Of Prior Year Q2 Of $338.1 Million . Earnings For Quarter Were Negatively Impacted By Realignment Charges . "Q2 Financial Results Were Disappointing" . Fy2017 Earnings Per Share View $3.30, Revenue View $951.4 Million -- Thomson Reuters I/B/E/S . Incoming Orders For Quarter Were $193.7 Million While Shipments For Quarter Totaled $195.0 Million . Rather Than Re-Set Guidance Ranges At This Time, Given Uncertainties,Potential Charges Related To Sale Of Nuclear Logistics, Will Suspend Fiscal 2017 Guidance For A "Short Window" .Expect Fiscal 2017 Results To Fall Slightly Below Previously Issued 2017 EPS Guidance Of $3.15-$3.45, Revenue Guidance Of $930-$970 Million.  Full Article

AZZ announces divestiture of its Nuclear Logistics LLC operating unit to Westinghouse Electric
Monday, 3 Oct 2016 

AZZ Inc : AZZ Inc announces the divestiture of its Nuclear Logistics Llc operating unit to Westinghouse Electric Company . Suspending previously issued FY 2017 EPS and revenue guidance due to uncertainty of charge and timing of potential sale . Terms of transaction were not disclosed . Transaction is expected to close in fall of 2016 .Suspending previously issued eps and revenue guidance for fiscal year 2017.  Full Article

AZZ announces a 13.3% increase in quarterly cash dividend
Saturday, 1 Oct 2016 

AZZ Inc : Azz announces a 13.3% increase in quarterly cash dividend from $0.15 per share to $0.17 per share .Sets quarterly cash dividend of $0.17per share.  Full Article

AZZ Inc Q1 earnings per share $0.81
Tuesday, 5 Jul 2016 

Azz Inc : Azz inc. Reports financial results for the first quarter of fiscal year 2017 . Q1 earnings per share $0.81 . Q1 earnings per share view $0.84 -- Thomson Reuters I/B/E/S . Reaffirms fy 2017 earnings per share view $3.15 to $3.45 . Sees fy 2017 revenue $930 million to $970 million . Q1 revenue $242.7 million versus i/b/e/s view $247.5 million . Sets quarterly cash dividend of $0.15per share . Sees backlog of $354.2 million at quarter-end . Fy2017 earnings per share view $3.32, revenue view $953.9 million -- Thomson Reuters I/B/E/S .Says q1 bookings of $250.5 million, up 16.4%.  Full Article

AZZ inc gives FY 2017 guidance
Thursday, 21 Apr 2016 

AZZ inc:Issues management's guidance for FY 2017 EPS in the range of $3.15 to $3.45 per diluted share and revenues to be in the range of $930 million to $970 million.  Full Article

BRIEF-Azz Inc Files For Non Timely 10-Q - SEC Filing‍​

* AZZ INC FILES FOR NON TIMELY 10-Q - SEC FILING‍​ Source text (http://bit.ly/2AKeQko) Further company coverage: (Bangalore.newsroom@thomsonreuters.com)