Friday, January 30, 2015

AZZ Incorporated Earnings Research and Analysis

t's a good idea to look behind the headlines at AZZ  (NYSE: AZZ  ) earnings reports, because the electrical equipment maker and galvanizing specialist has had plenty of issues to deal with recently. For example, in the second quarter of its fiscal year, AZZ's energy operations suffered margin decline due to "operating inefficiencies." Meanwhile, its galvanizing margins fell due to a combination of increasing costs related to an acquisition, the reopening of a plant, and a realignment charge. Were these issues dealt with in the just-reported third quarter? Moreover, would management maintain its full-year guidance, as it did in the second-quarter earnings presentation?


READ THE FULL EQUITY RESEARCH ARTICLE LINKED