FORT WORTH, Texas, Dec. 23, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced it will conduct a conference call to review the financial results for the third quarter fiscal year 2025 at 11:00 a.m. ET on Thursday, January 9, 2025. The Company will issue a press release reporting third quarter financial results after the market closes on January 8, 2025. Conference Call DetailsInterested parties can access the confere ...

In the latest trading session, AZZ (AZZ) closed at $94.49, marking a +0.79% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.38%. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq added 1.24%.Shares of the electrical equipment maker have appreciated by 13.05% over the course of the past month, outperforming the Industrial Products sector's loss of 6.66% and the S&P 500's gain of 1.17%.Market participants will be closely following the financial results of AZZ in its upcom ...

FORT WORTH, Texas, Nov. 26, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today announced that David Nark, Senior Vice President of Marketing, Communications and Investor Relations will participate in the following December conferences. Noble Capital Markets' 20th Annual Emerging Growth Conference in Boca Raton, Florida. The Company will present on Tuesday, December 3, 2024, at 1:00 pm and hold one-on-one meeti ...

Core Viewpoint - AZZ has shown a strong stock performance recently, returning +5.9% over the past month, outperforming the S&P 500 composite's +1.1% and the Zacks Manufacturing - Electronics industry's +7.7% [1] Earnings Estimate Revisions - The consensus earnings estimate for AZZ for the current quarter is $1.26 per share, reflecting a year-over-year change of +5.9% [4] - The consensus earnings estimate for the current fiscal year is $5.11, indicating a year-over-year change of +12.8% [4] - For the next fiscal year, the consensus earnings estimate is $5.77, showing a change of +12.9% from the previous year [5] Revenue Growth Forecast - The consensus sales estimate for AZZ for the current quarter is $397.86 million, indicating a year-over-year change of +4.3% [8] - The sales estimates for the current and next fiscal years are $1.6 billion and $1.69 billion, respectively, reflecting changes of +4.3% and +5.6% [8] Last Reported Results and Surprise History - AZZ reported revenues of $409.01 million in the last quarter, a year-over-year change of +2.6% [9] - The EPS for the same period was $1.37, compared to $1.27 a year ago [9] - The company has consistently beaten consensus EPS estimates in the last four quarters and topped revenue estimates three times [10] Valuation - AZZ is graded A in the Zacks Value Style Score, indicating it is trading at a discount to its peers [14]

FORT WORTH, Texas, Nov. 18, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today announced it has published its 2024 Sustainability Report. The report is available on AZZ's website and demonstrates the company's ongoing commitment to integrating environmental, social, and governance (ESG) principles across its operations while advancing its mission to protect critical infrastructure."For nearly seventy years, AZ ...

FORT WORTH, Texas, Oct. 29, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today announced their November investor conference schedule. Baird Global Industrials Conference in Chicago, Illinois. Tom Ferguson, Chief Executive Officer, Jason Crawford, Chief Financial Officer and David Nark, Senior Vice President of Marketing, Communications and Investor Relations will present and host one-on-one meetings on Wednesd ...

Core Viewpoint - AZZ Inc. has experienced significant stock price growth, with expectations for continued improvement driven by business performance, cash flow, debt reduction, and capital return strategies [1][2]. Financial Performance - In Q2, AZZ reported revenue of $409.01 million, reflecting a 2.6% increase, slightly surpassing consensus forecasts, with growth driven primarily by construction, transportation, and utilities sectors [3]. - The gross margin expanded by 90 basis points, and the operating margin increased by 120 basis points to 16.5%, contributing to a net margin gain of 230 basis points and a 28% increase in net income [4]. - GAAP EPS rose by 21.6% to $1.18, despite some dilution effects [4]. Business Operations - AZZ provides essential metal coatings services that extend the lifespan of metal components, thereby controlling replacement costs and minimizing downtime across various industries [2]. - Demand for AZZ's services is identified as the primary growth driver, with stable pricing observed during the quarter [3][4]. Debt and Equity Management - AZZ diluted its stock through share sales in Q2, using the proceeds to redeem preferred stock and reduce debt, resulting in improved equity by double digits [5]. - The company has accelerated its debt reduction target by 30%, enhancing the outlook for equity gains and the potential resumption of share repurchases [6]. Market Sentiment and Analyst Ratings - Analysts rate AZZ as a "Moderate Buy," with a projected upside of 23.9%, indicating that the stock is trading more than 15% below the lowest price target set by analysts [6][7]. - Institutional ownership exceeds 90%, with consistent buying activity noted over the past six quarters [6]. Stock Price Movement - Following the Q2 release, AZZ's stock price dipped but found support at the long-term 150-day EMA, suggesting a potential rebound and the possibility of reaching critical resistance levels [7].

AZZ Inc. (NYSE:AZZ) Q2 2025 Earnings Conference Call October 10, 2024 11:00 AM ET Company Participants Sandy Martin - IR, Three Part Advisors Tom Ferguson - President and CEO Jason Crawford - CFO David Nark - SVP of Marketing, Communications and IR Officer Conference Call Participants Lucas Pipes - B. Riley Securities John Franzreb - Sidoti Matthew Krueger - Baird Timna Tanners - Wolfe Research Mark Reichman - Noble Capital Markets Adam Thalhimer - Thompson Davis Operator Good day, and welcome to the AZZ Se ...

Company Overview - AZZ Inc. specializes in protecting metal, particularly steel, from corrosion through a hot-dip galvanizing process that coats steel with zinc to prevent rust, thereby extending the lifespan of infrastructure such as bridges and buildings [1] - The company also offers coil coating services, which further enhance the durability of metal products [1] Research Principles - Grassroots Trading emphasizes providing objective, unbiased, and balanced research that is supported by solid data, free from emotional influences or preferences for specific companies [1] - The focus is primarily on small- to mid-cap companies, aiming to present compelling investment opportunities that are often overlooked by investors [1] - The research also includes periodic identification of potential opportunities in large- and mega-cap companies, broadening the coverage of the dynamic equity markets [1]

AZZ (AZZ) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.27 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 8.73%. A quarter ago, it was expected that this electrical equipment maker would post earnings of $1.31 per share when it actually produced earnings of $1.46, delivering a surprise of 11.45%. Over the last four quarters, the co ...