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AZZ incorporated (AZZ) released a profit for its third quarter that increased from last year and beat the Street estimates.


RTTNews | Jan 10, 2022 06:46AM EST

06:45 Monday, January 10, 2022 (RTTNews.com) - AZZ incorporated (AZZ) released a profit for its third quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $21.1 million, or $0.85 per share. This compares with $19.7 million, or $0.76 per share, in last year's third quarter.

Analysts on average had expected the company to earn $0.82 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.3% to $231.7 million from $226.6 million last year.

AZZ incorporated earnings at a glance:

-Earnings (Q3): $21.1 Mln. vs. $19.7 Mln. last year.-EPS (Q3): $0.85 vs. $0.76 last year.-Analyst Estimate: $0.82-Revenue (Q3): $231.7 Mln vs. $226.6 Mln last year.

-Guidance:Full year EPS guidance: $3.00 - $3.20Full year revenue guidance: $865 - $925 mln

Read the original article on RTTNews ( https://www.rttnews.com/3253844/azz-incorporated-profit-rises-in-q3-beats-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com All Rights Reserved






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