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AZZ Inc (AZZ.N)

AZZ.N on New York Stock Exchange

52.15USD
21 Sep 2018
Change (% chg)

$-0.40 (-0.76%)
Prev Close
$52.55
Open
$52.65
Day's High
$52.95
Day's Low
$52.15
Volume
41,826
Avg. Vol
44,689
52-wk High
$56.00
52-wk Low
$39.50

Latest Key Developments (Source: Significant Developments)

Azz Inc Reaffirms Earnings Per Share Guidance Range For Fiscal 2019
Tuesday, 3 Jul 2018 

July 3 (Reuters) - AZZ Inc ::REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER OF FISCAL YEAR 2019.Q1 EARNINGS PER SHARE $0.60.Q1 EARNINGS PER SHARE VIEW $0.49 -- THOMSON REUTERS I/B/E/S.REAFFIRMS FY 2019 EARNINGS PER SHARE VIEW $1.75 TO $2.25.SEES FY 2019 SALES $900 MILLION TO $960 MILLION.Q1 REVENUE $262.2 MILLION VERSUS I/B/E/S VIEW $228.9 MILLION.SEES Q1 2019 REVENUE $262.2 MILLION.REAFFIRMS EARNINGS PER SHARE GUIDANCE RANGE FOR FISCAL 2019 OF $1.75 TO $2.25 AND SALES OF $900 MILLION TO $960 MILLION.BACKLOG AT END OF Q1 OF FISCAL YEAR 2019 INCREASED 7.6% TO $329.7 MILLION.  Full Article

AZZ Inc Announces Contract Awards For Underground Gas Insulated Line In China
Friday, 29 Jun 2018 

June 29 (Reuters) - AZZ Inc ::AZZ INC. ANNOUNCES CONTRACT AWARDS FOR UNDERGROUND ULTRA HIGH VOLTAGE 1100KV GAS INSULATED LINE IN THE PEOPLE'S REPUBLIC OF CHINA.AZZ INC - UNDER TERMS, WILL PROVIDE 7,431 METERS OF GIL TO BE INSTALLED IN A TUNNEL RUNNING UNDER YANGTZE RIVER.AZZ INC - TOTAL VALUE OF CONTRACT AWARDS ESTIMATED TO BE GREATER THAN $40 MILLION AND DELIVERY IS SCHEDULED TO BEGIN LATE 2018.  Full Article

Azz Inc. Completes Restatement Of Form 10-K For Fiscal Year 2017
Thursday, 19 Apr 2018 

April 19 (Reuters) - AZZ Inc ::AZZ INC. COMPLETES RESTATEMENT OF FORM 10-K FOR FISCAL YEAR 2017 AND THE COMPANY'S QUARTERLY REPORTS ON FORM 10-Q FOR THE FIRST AND SECOND QUARTERS OF FISCAL YEAR 2018.AZZ INC - EXPECTS TO ISSUE FISCAL YEAR 2019 GUIDANCE ONCE FISCAL YEAR 2018 FILINGS ARE COMPLETED.  Full Article

AZZ Says Will Restate Consolidated Financial Statements In Its Qtrly Reports On Form 10-Q For Qtrs Ended May 31 And August 31
Thursday, 29 Mar 2018 

March 29 (Reuters) - AZZ Inc ::AZZ SAYS WILL RESTATE CONSOLIDATED FINANCIAL STATEMENTS IN ITS QTRLY REPORTS ON FORM 10-Q FOR QTRS ENDED MAY 31, 2017 AND AUGUST 31, 2017 - SEC FILING.AZZ - FINANCIAL REPORTS IN CO'S QTRLY REPORTS FOR QTRS ENDED MAY 31, 2017 & AUG 31, 2017 SHOULD NO LONGER BE RELIED UPON DUE TO ACCOUNTING ERROR.  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 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

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: