AZZ Inc. Announces Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended November 30, 2018; Revises Earnings Guidance for the Full Year 2019
For the nine months the company reported Net sales of $724,539,000 against $609,770,000 a year ago. Operating income of $63,570,000 against $38,964,000 a year ago. Net income of $42,357,000 against $21,682,000 a year ago. Basic earnings per share of $1.63 against of $0.83 a year ago. Diluted earnings per share of $1.62 against of $0.83 a year ago.
The company announced that the Management narrows earnings per share guidance range for Fiscal 2019 of $1.95 to $2.20 per diluted share from $1.90 to $2.25 per diluted share, and sales guidance range for Fiscal 2019 of $940 million to $960 million, from $930 million to $970 million.