AZZ incorporated (NYSE: AZZ) makes electrical products that distribute power to and from generators, transformers, switching devices, and other electrical configurations. It also offers lighting products for the petroleum, food processing, and power generation industries. Its Galvanizing Services segment provides hot dip galvanizing to the steel fabrication industry. Competitors include General Electric (NYSE: GE) and Eaton Corporation (NYSE: ETN).

The company pleased investors late last month, when it reported fiscal Q1 EPS of 82 cents and revenues of $100.0 million. Analysts had been expecting 54 cents and $90.1 million. Incoming first quarter orders set a company record of $106.9 million. The book to ship ratio came in at 107%. Management also guided FY09 EPS to $2.95-$3.05 ($2.43 consensus) and FY09 revenues to $410-$425 million ($400.04M consensus).

Continue reading AZZ incorporated (AZZ): Price defines bullish 'pennant' pattern

AZZ incorporated (AZZ): Price defines bullish 'pennant' pattern originally appeared on BloggingStocks on Tue, 08 Jul 2008 11:57:00 EST. Please see our terms for use of feeds.

• InterOil Corporation (AMEX: IOC) to report quarterly earnings; conference call at 8:30am.
• Fed Reserve San Fransisco Bank President Janet Yellen to speak about foreclosures at 12:00pm.

• Happy April Fools Day, watch out for pranks!
• A-Power Energy Generation Systems (NASDAQ: APWR) to report quarterly earnings; conference call at 9:00am.
• Ford Motor Company (NYSE: F) and General Motors Corporation (NYSE: GM) to report monthly sales, Ford at 1:00pm, GM at 2:00pm.

Continue reading Market highlights for next week: Best Buy and Research in Motion to report earnings

Market highlights for next week: Best Buy and Research in Motion to report earnings originally appeared on BloggingStocks on Fri, 28 Mar 2008 17:57:00 EST. Please see our terms for use of feeds.

AZZ incorporated (NYSE: AZZ) makes electrical products that distribute power to and from generators, transformers, switching devices, and other electrical configurations. It also offers lighting products for the petroleum, food processing, and power generation industries. Its Galvanizing Services segment provides hot-dip galvanizing to the steel fabrication industry. Competitors include General Electric (NYSE: GE) and Eaton Corporation (NYSE: ETN).

The company pleased investors last week, when it reported Q3 EPS of 66 cents and revenues of $86.6 million. Analysts had been expecting 53 cents and $78.0 million. Management also guided FY08 EPS to $2.12-$2.22 ($2.12 consensus) and FY08 revenues to $315-$325 million ($321 million consensus). The stock popped into the initial stage of a bullish "flag" pattern on the news. Equities frequently exit flags moving in the same direction they were traveling on entry. In this case, that would be to the upside.

Continue reading AZZ incorporated: Shares form bullish flag on solid Q3 results

AZZ incorporated: Shares form bullish flag on solid Q3 results originally appeared on BloggingStocks on Tue, 08 Jan 2008 16:14:00 EST. Please see our terms for use of feeds.

There is an outfit in Fort Worth that is best known for its operations in the heavy industry electronic products arena. It has an interest sideline, though. Being mindful of the benefits of diversification, the company also operates a nationwide chain of plants that galvanize big industry steel.

AZZ Incorporated (NYSE: AZZ) makes electrical products that distribute power to and from generators, transformers, switching devices and other electrical configurations. It also offers lighting products for the petroleum, food processing, and power generation industries. Its Galvanizing Services segment provides hot dip galvanizing to the steel fabrication industry. Competitors include General Electric (NYSE: GE) and Eaton Corporation (NYSE: ETN).

The company pleased investors last week, when it reported fiscal Q2 EPS of 66 cents and revenues of $81.6 million. Analysts had been expecting 48 cents and $78.5 million. Management also guided FY08 EPS to $1.95-$2.05 ($1.82 consensus) and FY08 revenues to $315-$325 million ($316.31M consensus). The CEO noted that the firm is operating with a record backlog. The stock popped on the news and has since moved into a bullish "pennant" consolidation pattern. Prices frequently exit pennants moving in the same direction they were traveling when they entered them. In this case, that would be to the upside.

Continue reading AZZ Inc. (AZZ): Infrastructure play in steel and electronics

AZZ Inc. (AZZ): Infrastructure play in steel and electronics originally appeared on BloggingStocks on Wed, 03 Oct 2007 13:03:00 EST. Please see our terms for use of feeds.