Latest News by Industry
FORT WORTH, Texas (AP) — FORT WORTH, Texas (AP) — AZZ Inc. (AZZ) on Friday reported fiscal first-quarter earnings of $28.5 million.
On a per-share basis, the Fort Worth, Texas-based company said it had profit of 98 cents. Earnings, adjusted for one-time gains and costs, came to $1.14 per share.
The electrical equipment maker posted revenue of $390.9 million in the period.
AZZ expects full-year earnings in the range of $3.85 to $4.35 per share, with revenue in the range of $1.4 billion to $1.55 billion.
AZZ shares have risen 4% since the beginning of the year. In the final minutes of trading on Friday, shares hit $41.90, an increase of nearly 2% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a AZZ">Zacks stock report on AZZ at https://www.zacks.com/ap/AZZ