AZZ Inc. Reports Financial Results for the First Quarter of Fiscal Year 2019
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UPDATE: AZZ, Inc. (AZZ) Tops Q1 EPS by 11c, Revenues Beat; Affirms FY19 EPS Mid-Point Guidance Below Consensus, FY19 Revenue Mid-Point Guidance Above Consensus
July 3, 2018 6:32 AM EDT(Updated - July 3, 2018 6:33 AM EDT)
AZZ, Inc. (NYSE: AZZ) reported Q1 EPS of $0.60, $0.11 better than the analyst estimate of $0.49. Revenue for the quarter came in at $262.2 million versus the consensus estimate of $228.87 million.
Management Discussion
Tom Ferguson, president and chief executive officer of AZZ Inc., commented, "I am pleased to announce that we have started off fiscal year 2019 on a positive note, with 27.7% revenue growth year-over-year driven by strength in both our Energy and Metal Coatings segments. Overall, our bookings were up strongly in the quarter, growing to $320.5 million compared to... More
