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Market Overview

Recap: AZZ Q3 Earnings

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Shares of AZZ (NYSE:AZZ) were flat in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were down 4.76% year over year to $0.80, which beat the estimate of $0.66.

Revenue of $226,623,000 declined by 22.16% from the same period last year, which missed the estimate of $234,440,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Jan 11, 2021

Time: 11:00 AM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/425/39358

Price Action

Company's 52-week high was at $51.68

Company's 52-week low was at $19.31

Price action over last quarter: Up 38.76%

Company Overview

AZZ Inc is a United States-based company that provides various industrial solutions, specialty electrical equipment and engineered services. The company operates through two segments, namely Energy and Metal Coating. The Energy segment provides specialized products and services to support industrial, nuclear and electrical applications. This segment's product portfolio comprises switchgear, electrical enclosures, bus ducts, explosion proof, and other equipment and services. The Metal Coatings Segment provides hot dip galvanizing and other metal coating applications to the steel fabrication industry through facilities located throughout the United States and Canada. The company generates the majority of its revenue from the American domestic market.

 

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Posted-In: BZI-RecapsEarnings News

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