logo
Share SHARE
FONT-SIZE Plus   Neg

AZZ Q4 Profit Rises - Quick Facts

Electrical equipment maker AZZ Incorporated (AZZ: Quote) Thursday reported a higher profit for the fourth quarter as revenues rose 23 percent.

The Fort Worth, Texas-based company reported a fourth-quarter net profit of $11.64 million or $0.92 per share, compared to $9.23 million or $0.73 per share last year. On average, four analysts polled by Thomson Reuters expected the company to earn $0.82 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter grew 23 percent to $123.63 million from $100.67 million in the prior-year quarter. Three analysts had a consensus revenue estimate of $122.63 million for the quarter.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Hewlett-Packard Co. (HPQ) has filed a lawsuit against Michael Lynch, the co-founder of Autonomy Corp., and its former Financial Chief Sushovan Hussain for a whopping $5.1 billion alleging that the executives misrepresented the financial situation of Autonomy. An HP's spokeswoman confirmed that the... Nine acres of green grass with 400 trees and a half-mile-long walk way. We are not talking about any park, but the expansive rooftop of Facebook's new office. The 430,000 square feet office is a single room and it might be the largest open floor plan in the world. Outrage in the business world may be helping re-shape a new Indiana law that many are calling "anti-gay." Embarrassed and worried about the backlash from the national business community, the state's paper of record is loudly calling on legislators to re-word the law. The front page of the Indianapolis...
comments powered by Disqus
RELATED NEWS
Trade AZZ now with 
Follow RTT