UPDATE: Sidoti Downgrades AZZ Inc. (AZZ) to Hold (correction)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/25/2024
- Stocks and yen struggle as tech troubles weigh
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen hits fresh 34-year lows against dollar ahead of BOJ meeting
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
AZZ, Inc. (AZZ) Tops Q3 EPS by 14c, Revenues Miss
January 11, 2021 6:35 AM ESTAZZ, Inc. (NYSE: AZZ) reported Q3 EPS of $0.80, $0.14 better than the analyst estimate of $0.66. Revenue for the quarter came in at $226.6 million versus the consensus estimate of $234.44 million.
Third Quarter Overview and Recent Highlights:
Earnings per share of $0.76 and net income of $19.7 million; which includes net charges of $1.6 million, or $0.06 cents per share, primarily related to the loss on the divestiture of Southern Mechanical Services (SMS).Sales of $226.6 million, increased sequentially by 11.4% from the second quarterMetal Coatings segment results versus same quarter, prior year:Sales of $115.6 million, down 10.5%, with galvanizing... More
