AZZ Inc. Reports Financial Results for the Second Quarter of Fiscal Year 2017

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Go back to AZZ Inc. Reports Financial Results for the Second Quarter of Fiscal Year 2017

AZZ, Inc. (AZZ) Reports Q2 EPS of $0.38

October 5, 2016 6:31 AM EDT

AZZ, Inc. (NYSE: AZZ) reported Q2 GAAP EPS of $0.38, versus $0.67 reported last year. Revenue for the quarter came in at $195 million, versus $214.2 million reported last year.

Adjusted EPS was $0.55, versus $0.71 expected.

om Ferguson, president and chief executive officer of AZZ Inc., commented, "Although historically our second quarter is seasonally weaker due to smaller number of outages and turnarounds that occur during the summer months, our second quarter financial results were disappointing. Revenues experienced a decrease in volumes from the continuing effects of depressed markets in oil and gas, petrochemical, and solar for our... More