logo
Share SHARE
FONT-SIZE Plus   Neg

AZZ Q4 Profit Rises - Quick Facts

Electrical equipment maker AZZ Incorporated (AZZ) 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
President Donald Trump has continued his assault on one of his favorite targets on Wednesday, lashing out at major media outlets in a series of posts on Twitter. Trump singled out the New York Times and the Washington Post in his tweets, describing the newspapers as "fake news." Christoph, born on-board a Spirit flight destined to Dallas from Fort Lauderdale airport, can celebrate all his forthcoming birthdays in life with a free travel on Spirit airline. Blue Apron Holdings Inc. has cut the expected price range for its initial public offering amid worries about the potential impact on the food retail sector of Amazon.com Inc.'s recent deal to buy grocery chain Whole Foods Market Inc. for $13.7 billion.
comments powered by Disqus
Follow RTT