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AZZ Inc (AZZ.N)

AZZ.N on New York Stock Exchange

53.90USD
17 Aug 2018
Change (% chg)

$-0.10 (-0.19%)
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Volume
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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
Friday, 30 Jun 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

AZZ announces a 13.3% increase in quarterly cash dividend
Friday, 30 Sep 2016 

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

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: