11:45 PM New York – AZZ second-quarter net plunged 17% to $8 million. Lennar third-quarter net jumped 6% to $249 million. Paychex first-quarter net increased 5% to $228 million. Park Electrochemical second-quarter net tumbled 74% but revenues rose.]
Tollbooth Index rose 11.94 to 12,677.12.
), the electrical equipment and engineered services provider said revenues in the second-quarter ending in August fell 2.4% from a year ago to $190.4 million.
Net income in the quarter plunged 16.9% to $8.3 million or 32 cents per diluted share from $10 million or 38 cents in the same quarter last year.
), the business and financial software developer reaffirmed fiscal 2018 revenues forecast in the range of $5.64 billion to $5.74 billion, growth of 9% to 11% and operating income in the range of $1.49 billion to $1.54 billion, increase of 6% to 10% and diluted earnings per share between $4 and $4.10.
), the home builder reported revenues in the third-quarter ending in August soared 15% from a year ago to $3.3 billion.
Net income in the quarter jumped 5.7% to $249.2 million or $1.06 per diluted share from $235.8 million or $1.01 in the same quarter last year.
The home builder said total deliveries in the quarter surged 12% to 7,598 homes and as of August 31, total backlog jumped 10% to 10,212 homes and backlog in dollar value soared 18% to $4.1 billion.
), the outsourcing services provider reported revenues in the first-quarter ending in August advanced 4% from a year ago to $816.8 million.
Net income in the quarter increased 5% to $227.8 million or 63 cents per diluted share from $217.4 million or 60 cents in the same quarter last year.
Paychex revised higher fiscal 2018 revenues in the Human Resource Services segment to jump between 12% and 14% and total revenues to increase about 6% and operating profit to soar in the range of 39% to 40%.
Park Electrochemical Corp
), the integrated circuits maker stated revenues in the second-quarter ending on August 27 rose 2.4% from a year ago to $29.8 million.
Net income in the quarter tumbled 73.7% to $0.5 million or 3 cents per diluted share from $2 million or 10 cents in the same quarter last year.