AZZ Inc. Reports Fiscal Year 2025 First Quarter Results Record Quarterly Sales and Margin Expansion on Organic Growth Generated Significant Cash Flow July 10, 2024 - FORT WORTH, TX - AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced financial results for the first quarter ended May 31, 2024. Fiscal Year 2025 First Quarter Overview (as compared to prior year ): (1) ◦ Total Sales $413.2 million, up 5.7% ▪ Metal Coatings sales of $176.7 mi ...

Record Quarterly Sales and Margin Expansion on Organic Growth Generated Significant Cash FlowFORT WORTH, Texas, July 10, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced financial results for the first quarter ended May 31, 2024. Fiscal Year 2025 First Quarter Overview (as compared to prior year(1)):Total Sales $413.2 million, up 5.7%Metal Coatings sales of $176.7 million, up 4.7%Precoat Metals sales of $236.5 mill ...

FORT WORTH, Texas, June 27, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced its Board of Directors has authorized a first quarter cash dividend in the amount of $0.17 per share on the Company's outstanding shares of common stock. The dividend is payable on July 31, 2024, to shareholders of record as of the close of business on July 10, 2024.While AZZ currently intends to pay regular quarterly cash dividends for th ...

For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Has AZZ (AZZ) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.AZZ is a member of the Industrial Products sector. This group includes 222 individual stocks and currently holds a Zacks Sector Rank of #5. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the ave ...

Core Viewpoint - AZZ has experienced a decline of -7.6% in share price over the past month, contrasting with the S&P 500's increase of +2.7% and the Zacks Manufacturing - Electronics industry's loss of -4.7% [1] Earnings Estimates Revisions - AZZ is projected to report earnings of $1.31 per share for the current quarter, reflecting a year-over-year increase of +14.9%, with a recent estimate change of +0.5% [2] - The consensus earnings estimate for the current fiscal year stands at $4.96, indicating a year-over-year change of +9.5%, with a +2.3% change over the last 30 days [3] - For the next fiscal year, the earnings estimate is $5.76, representing a +16.1% change from the previous year, although it has decreased by -0.7% recently [3] - AZZ holds a Zacks Rank 1 (Strong Buy), indicating strong potential for near-term price performance based on earnings estimate revisions [3] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $398.9 million, showing a year-over-year increase of +2.1% [4] - For the current fiscal year, the revenue estimate is $1.6 billion, reflecting a +4% change, while the next fiscal year's estimate is $1.69 billion, indicating a +5.9% change [4] Last Reported Results and Surprise History - In the last reported quarter, AZZ achieved revenues of $366.5 million, a year-over-year increase of +8.9%, and an EPS of $0.93 compared to $0.30 a year ago [5] - The reported revenues exceeded the Zacks Consensus Estimate of $354.14 million by +3.49%, and the EPS surpassed estimates by +32.86% [5] - Over the last four quarters, AZZ has exceeded consensus EPS estimates three times and has also surpassed revenue estimates three times [6] Valuation - Valuation analysis is crucial for determining if AZZ's stock price reflects its intrinsic value and growth prospects [7] - AZZ is graded B in the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [8] Bottom Line - The information presented suggests that AZZ may outperform the broader market in the near term, supported by its strong Zacks Rank [9]

FORT WORTH, Texas, June 24, 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 first quarter fiscal year 2025 at 11:00 a.m. ET on Thursday, July 11, 2024. The Company will issue a press release reporting first quarter financial results after the market closes on July 10, 2024.Conference Call DetailsInterested parties can access the conference c ...

AZZ (AZZ) closed the latest trading day at $79.12, indicating a -1.11% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 0.25%. Elsewhere, the Dow saw an upswing of 0.15%, while the tech-heavy Nasdaq appreciated by 0.03%.Prior to today's trading, shares of the electrical equipment maker had lost 0.97% over the past month. This has was narrower than the Industrial Products sector's loss of 4.58% and lagged the S&P 500's gain of 3.34% in that time.The upcom ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider AZZ (AZZ) . This company, which is in the Zacks Manufacturing - Electronics industry, shows potential for another earnings beat.This electrical equipment maker has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 26.53%.For ...

Investors might want to bet on AZZ (AZZ) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today June 12th:Powell Industries (POWL) : This metal-working shop which support the petrochemical facilities, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.9% over the last 60 days.Powell Industries has a PEG ratio of 1.30 compared with 1.44 for the industry. The company possesses a Growth Score of A.AZZ (AZZ) : This company whic ...