Edition:
India

AZZ Inc QTRLY Earnings Per Share $0.34


Monday, 20 May 2019 

May 20 (Reuters) - AZZ Inc ::AZZ INC - COMPANY REAFFIRMS FULL YEAR EPS GUIDANCE RANGE OF $2.25 TO $2.75.AZZ INC - COMPANY REAFFIRMS FISCAL 2020 ANNUAL SALES GUIDANCE RANGE OF $950 MILLION TO $1,030 MILLION..AZZ INC - BACKLOG AT END OF 2019 FISCAL YEAR WAS $332.9 MILLION, AN INCREASE OF 25.4% COMPARED TO BACKLOG AT END OF PRIOR YEAR OF $265.4 MILLION.AZZ INC - WE WERE DISAPPOINTED IN OUR Q4 RESULTS.AZZ INC - REVENUES FOR Q4 WERE $202.5 MILLION COMPARED TO $200.7 MILLION FOR SAME QUARTER LAST YEAR.AZZ INC QTRLY EARNINGS PER SHARE $0.34.AZZ INC - Q4 RESULTS WAS IMPACTED BY A DELAY IN SHIPPING FIRST PART OF A MAJOR ORDER FROM OUR HIGH-VOLTAGE BUS BUSINESS INTO CHINA.AZZ INC - COMMENCED SHIPPING ORDER DURING Q1 OF FISCAL 2020 WHICH BEGAN ON MARCH 1, 2019.AZZ INC - SPECIALTY WELDING BUSINESS HAD SEVERAL KEY OPPORTUNITIES DELAYED, WITH MOST EXPECTED TO BEGIN DURING FISCAL 2020.AZZ INC - ZINC COSTS IN KETTLES DID NOT DECLINE AS QUICKLY AS EXPECTED, CREATING A DRAG ON MARGINS IN GALVANIZING DURING QUARTER. 

Company Quote

42.03
0.53 +1.28%
21 Aug 2019