January 9, 2018 / 12:00 PM / a month ago

BRIEF-AZZ Inc Announces Delay Of Fiscal Year 2018 Q3 Form 10-Q

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 Source text for Eikon: Further company coverage:

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