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AZZ Fiscal Q1 Adjusted Earnings, Sales Rise; Fiscal 2025 Guidance Maintained -- Shares Drop After Hours
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AZZ Fiscal Q1 Adjusted Earnings, Sales Rise; Fiscal 2025 Guidance Maintained -- Shares Drop After Hours
Jul 10, 2024 2:07 PM

04:47 PM EDT, 07/10/2024 (MT Newswires) -- AZZ (AZZ) reported fiscal Q1 adjusted earnings late Wednesday of $1.46 per diluted share, up from $1.14 a year earlier.

Analysts polled by Capital IQ expected $1.29.

Total sales for the quarter ended May 31 were $413.2 million, compared with $390.9 million a year earlier.

Analysts surveyed by Capital IQ expected revenue of $402 million.

The company reiterated its fiscal 2025 guidance of $4.50 to $5.00 for adjusted diluted EPS and $1.53 billion to $1.63 billion for sales. Analysts are looking for normalized EPS of $4.91 and revenue of $1.60 billion.

Shares of the company fell nearly 3% in recent after-hours activity.

Price: 74.50, Change: -2.01, Percent Change: -2.63

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