AZZ Inc AZZ reported a 3.1% rise in its fiscal third-quarter profit and lifted its earnings forecast for the year.
AZZ now projects earnings of $3 to $3.15 per share, up from its earlier view of $2.90 to $3.10 per share.
AZZ's quarterly profit rose to $10 million, or $0.79 per share, from $9.7 million, or $0.77 per share, in the year-ago period. Its revenue climbed 13% to $116.5 million. However, analysts were expecting earnings of $0.79 per share on revenue of $118 million.
AZZ shares fell 0.31% to close at $45.75 yesterday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in