AZZ Sees FY14 Outlook Below View, Declares Quarterly Dividend Of 14c/share - InvestingChannel

AZZ Sees FY14 Outlook Below View, Declares Quarterly Dividend Of 14c/share

AZZ Inc. (AZZ: Quote) Friday issued guidance for its fiscal year 2014, which are currently below analysts’ expectations.

For the fiscal year 2014, earnings are forecast in a range of $2.50 and $2.75 per share, while revenues are expected to range between $625 million and $660 million.

Analysts, based on consensus, currently expect the company to report full-year earnings of $2.80 per share on revenues of $679.67 million. Analysts’ estimates typically exclude special items.

The company has also declared a quarterly cash dividend of 14 cents per share, payable February 15, to shareholders on record February 1.

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by RTT Staff Writer

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