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AZZ Fiscal Q2 Earnings, Revenue Rise; 2025 EPS Guidance Raised
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AZZ Fiscal Q2 Earnings, Revenue Rise; 2025 EPS Guidance Raised
Oct 10, 2024 10:33 PM

05:14 PM EDT, 10/09/2024 (MT Newswires) -- AZZ (AZZ) reported fiscal Q2 adjusted earnings Wednesday of $1.37 per diluted share, up from $1.27 a year earlier.

Analysts polled by Capital IQ expected $1.31 per share.

Sales for the quarter ended Aug. 31 were $409 million, compared with $398.5 million a year earlier. Analysts surveyed by Capital IQ expected $412 million.

AZZ now expects fiscal 2025 adjusted earnings of $4.70 to $5.10 per diluted share, compared with its previous outlook of $4.50 to $5. Capital IQ analysts expect $4.93 per share.

The company maintained its fiscal 2025 revenue guidance of $1.53 billion to $1.63 billion. Analysts polled by Capital IQ expect $1.61 billion.

AZZ shares were down nearly 2% in after-hours activity.

Price: 80.22, Change: -1.35, Percent Change: -1.66

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