UPDATE: AZZ Posts Upbeat Q2 Results, Raises Full-Year Outlook


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AZZ (NYSE: AZZ) reported upbeat second-quarter results and lifted its full-year forecast.AZZ now projects 2013 adjusted earnings of $2.25 to $2.40 per share on revenue of $575 million to $600 million. The company had earlier expected earnings of $2.05 to $2.15 per share on revenue of $550 to $575 million.AZZ's quarterly profit surged to $15.9 million, or $0.62 per share, versus $9.6 million, or $0.38 per share, in the year-ago period.Its sales surged 33% to $153.4 million. However, analysts were expecting earnings of $0.52 per share on revenue of $146.1 millionAZZ shares jumped 12.51% to $39.11 in after-hours trading.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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