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AZZ Inc (AZZ.N)

AZZ.N on New York Stock Exchange

59.05USD
28 Apr 2017
Change (% chg)

$-1.15 (-1.91%)
Prev Close
$60.20
Open
$60.30
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$60.30
Day's Low
$59.00
Volume
38,396
Avg. Vol
41,188
52-wk High
$67.97
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$51.25

Latest Key Developments (Source: Significant Developments)

Azz anounces contract award from Beijing Sino-American Yuli Power Technology Co
Tuesday, 25 Apr 2017 06:30am EDT 

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 06:30am EDT 

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

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

More From Around the Web

BRIEF-Azz anounces contract award from Beijing Sino-American Yuli Power Technology Co

* Contract award from beijing sino-american yuli power technology for underground 500kv gas insulated line in china