Earnings Reaction Shockwaves: AZZ Rises, e2open Falls
- October 10th, 2023
- 492 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
-
Earnings Watch: What to Expect from Walt Disney, AppLovin, and DoorDash
August 03rd, 2025Key Earnings on Deck: AMD, Caterpillar, and Amgen to Post Q2 Results
August 03rd, 2025Palantir, Freshpet, and ONEOK Set to Unveil Q2 Earnings
August 03rd, 2025Herbal Works Inc. Announces Three Signature Scents of CBD Bath Bombs
August 01st, 2025
Member Login