Earnings Reaction Shockwaves: AZZ Rises, e2open Falls
- October 10th, 2023
- 574 views
In the latest earnings reports, AZZ Inc. (NYSE: AZZ) has outperformed expectations, reporting second-quarter fiscal 2024 earnings of $1.27 per share. This surpasses the consensus EPS estimate of $1.08. The company's quarterly sales reached $398.50 million, slightly ahead of analysts' expectations of $396.91 million in revenue.
$AZZ was trading at $47.30 in after-hours, reflecting a gain of $1.40 (+3.05%).
In contrast, e2open Parent Holdings, Inc. (NYSE: ETWO) reported second-quarter fiscal 2024 earnings of $0.04 per share, falling short of the analyst consensus estimate of $0.05. The company's quarterly revenue stands at $157.70 million, missing the analysts' expected $159.66 million in revenue.
Furthermore, e2open is adjusting its full-year fiscal 2024 revenue guidance, lowering it to the range of $625 million to $635 million from the previously provided range of $655 million to $670 million. This is in contrast to the consensus estimate of $658.74 million in revenue for the period.
In after-hours, $ETWO was trading at $3.90, down $0.49 (-11.16%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
NJCP National Football Conference Names David Dalton Head Coach of Salt Lake Yeti
February 06th, 2026FDA Takes New Approach to "No Artificial Colors" Claims
February 06th, 2026NJCP National Football Conference Announces Micah Deckart as Head Coach of the Idaho Outlaws
February 05th, 2026
Member Login