AZZ Reaffirms FY24 Guidance; Sees Adj. EPS $3.85-$4.35, Sales $1.40B-$1.55B
Portfolio Pulse from Bill Haddad
AZZ Inc. has reaffirmed its fiscal year 2024 guidance, expecting adjusted earnings per share (EPS) to be between $3.85 and $4.35, with sales projected to be between $1.40 billion and $1.55 billion.
October 10, 2023 | 8:28 pm
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AZZ Inc. has reaffirmed its FY24 guidance, which is generally a positive signal to investors. The company expects adjusted EPS to be between $3.85 and $4.35, and sales to be between $1.40 billion and $1.55 billion.
Reaffirming guidance is typically seen as a positive sign by investors, as it indicates that the company is confident in its ability to meet its previously stated financial targets. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100