Investing.com - AZZ (NYSE:AZZ) reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
AZZ announced earnings per share of $1.24 on revenue of $406.7M. Analysts polled by Investing.com anticipated EPS of $1.38 on revenue of $470.94M.
AZZ shares are down 29.14% from the beginning of the year, still down 33.13% from its 52 week high of $58.59 set on October 12, 2021.
AZZ follows other major Industrials sector earnings this month
AZZ's report follows an earnings beat by Cintas on September 28, who reported EPS of $3.39 on revenue of $2.17B, compared to forecasts EPS of $3.13 on revenue of $2.08B.
FedEx had missed expectations on September 15 with first quarter EPS of $3.44 on revenue of $23.2B, compared to forecast for EPS of $5.14 on revenue of $23.61B.
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