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Summary AZZ Reaffirms

Azz (AZZ) reported 1st Quarter May 2019 earnings of $0.81 per share on revenue of $289.1 million. The consensus earnings estimate was $0.71 per share on revenue of $285.7 million. Revenue grew 10.3% on a year-over-year basis.

The company said it continues to expect fiscal 2020 earnings of $2.25 to $2.75 per share on revenue of $950.0 million to $1.03 billion. The current consensus earnings estimate is $2.59 per share on revenue of $993.9 million for the year ending February 29, 2020.

AZZ Inc is an specialty electrical equipment manufacturer and provides engineered services to the global power generation, industrial, transmission and distribution markets. It also provides galvanizing services.

Daily chart:

Let's see if it continues to close above the 200 DMA
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