Your email has been successfully added to our mailing list.

×
0 0 0 0 0.0792192881745119 0.115956371986223 0.102183696900115 0.157864523536165
Stock impact report

Azz profit and revenue rise above expectations, gross margins decline [MarketWatch]

AZZ Inc. (AZZ) 
Last azz inc. earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: azz.com/investor-relations
Company Research Source: MarketWatch
Azz profit and revenue rise above expectations, gross margins decline Azz Inc. AZZ, +0.35% reported fiscal first-quarter earnings and revenue that rose above expectations, amid strength in both its metal coatings and energy businesses. Net income for the quarter to May 31 increased to $15.7 million,or 60 cents a share, from $12.1 million, or 46 cents a share, in the same period a year ago. Revenue rose 27.7% to $262.2 million, with metal coatings revenue growing 25.2% to $115.3 million and energy revenue climbed 29.8% to $147.0 million. The FactSet consensus for earnings per share was 48 cents and for revenue was $228.9 million. Incoming orders were $320.5 million while shipments were $262.2 million for a booking ratio of 1.22, up from 0.94 a year ago. Gross margins declined to 22.4% from 23.1%. "While we are somewhat optimistic at this point, we remain cautious due to the uncertainty related to tariffs and the Chinese trade situation, as well as the tighter market for craft labor, Show less Read more
Impact Snapshot
Event Time:
AZZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for AZZ alerts
Opt-in for
AZZ alerts

from News Quantified
Opt-in for
AZZ alerts

from News Quantified