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AZZ Inc (AZZ.N)

AZZ.N on New York Stock Exchange

57.15USD
28 Mar 2017
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Latest Key Developments (Source: Significant Developments)

AZZ wins contract from China Three Gorges Corporation
Friday, 17 Feb 2017 06:30am EST 

AZZ Inc : AZZ Inc - awarded contract from China Three Gorges Corporation to provide six circuits of 550kv 4,000 amp gas insulated line .Azz Inc - contract award is estimated to be valued at greater than $27 million USD and delivery is scheduled to begin June 2018.  Full Article

Azz Inc sees FY 2018 earnings per share $2.85 to $3.15
Tuesday, 7 Feb 2017 06:30am EST 

Azz Inc : Azz Inc issues fiscal year 2018 guidance for revenue and earnings . Sees FY 2018 earnings per share $2.85 to $3.15 . Sees FY 2018 revenue $900 million to $970 million .FY2018 earnings per share view $2.94, revenue view $902.9 million -- Thomson Reuters I/B/E/S.  Full Article

Azz Inc Q2 EPS $0.38
Wednesday, 5 Oct 2016 06:30am EDT 

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 06:30am EDT 

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
Friday, 30 Sep 2016 04:01pm EDT 

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 06:30am EDT 

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 06:30am EDT 

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

AZZ Inc to acquire Power Electronics Inc
Tuesday, 1 Mar 2016 06:39am EST 

AZZ Inc:To acquire Power Electronics Inc.Terms of the transaction were not disclosed.Expect that the Power Electronics acquisition will be accretive to earnings within the first year of operation.  Full Article

AZZ Inc acquires assets of Nebraska-based Galvanizing Facility from Olson Industries Inc
Monday, 1 Feb 2016 06:30am EST 

AZZ Inc:Announces that it has acquired the assets of Alpha Galvanizing Inc., an Atkinson, Nebraska-based business unit of Olson Industries, Inc.Co anticipate the Nebraska plant will be accretive to earnings within the first year of operation.  Full Article

AZZ Inc announces payment of quarterly dividend
Wednesday, 20 Jan 2016 06:15pm EST 

AZZ Inc:Board of Directors has authorized a quarterly cash dividend in the amount of $0.15 per share on the company`s outstanding shares of common stock.Payable on February 19, 2016.Record date as of February 5.  Full Article

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BRIEF-AZZ announces new $450 mln revolving credit facility

* AZZ Inc announces new $450 million revolving credit facility