AZZ Issues FY21 Guidance - Quick Facts

(RTTNews) - AZZ Inc. (AZZ) said, for fiscal 2021, the company expects earnings to be within the range of $2.65 and $3.15 per share, and revenue to be within the range of $970 million to $1.06 billion. Analysts polled by Thomson Reuters expect the company to report profit per share of $3.00 on revenue of $1.08 billion. Analysts' estimates typically exclude special items.

Tom Ferguson, CEO of AZZ, said: "We expect fiscal year 2021 earnings to continue to grow but revenue to be somewhat challenged due to our lower anticipated backlog for China as we enter fiscal 2021."