Record Full Year Sales, Profitability and Cash Flow FORT WORTH, Texas, April 22, 2024 /PRNewswire/ --AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today issued its audited consolidated financial statements contained in the Company's Fiscal Year 2024 Annual Report on Form 10-K for the year ended February 29, 2024.  Fiscal Year 2024 Overview (results from continuing operations as compared to prior year(1)(2)): Total Sales $1,537.6 m ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 29, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |--------------------------------------------------------------|------------------------------------------------------------------------------------------------------| ...

AZZ Inc. Reports Fourth Quarter and Fiscal Year 2024 Full Year Results Record Full Year Sales, Profitability and Cash Flow April 22, 2024 - FORT WORTH, TX - AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today issued its audited consolidated financial statements contained in the Company's Fiscal Year 2024 Annual Report on Form 10-K for the year ended February 29, 2024. Fiscal Year 2024 Overview (results from continuing operations as ...

Several intriguing stocks are reporting their quarterly results on Monday, April 22. Most appealing is that a few of these companies are experiencing solid EPS growth that can lead to stellar performance in the portfolio.Keeping this scenario in mind, here are two such stocks to consider as they look poised to move higher if they can reach or exceed earnings expectations.AZZ (AZZ) : Starting in the industrial products sector, AZZ sports a Zacks Rank #1 (Strong Buy) as a global provider of metal coating serv ...

Investors are always looking for stocks that are poised to beat at earnings season and AZZ Inc. (AZZ) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because AZZ is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some ...

The market expects AZZ (AZZ) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended February 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Apr ...

AZZ (AZZ) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings pictu ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, April 12th:AZZ Inc. (AZZ) : This galvanizing and coil coating solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 2.8% over the last 60 days.AZZ has a PEG ratio of 1.19 compared with 3.70 for the industry. The company possesses a Growth Score  of B.Cimpress plc (CMPR) : This mass customizer of printing and related products carries ...

Core Insights - Two stocks are highlighted for investors with strong value characteristics: SIGA Technologies, Inc. and AZZ Inc. [1] Company Summaries SIGA Technologies, Inc. (SIGA) - SIGA is a pharmaceutical company with a Zacks Rank of 1 - The Zacks Consensus Estimate for its current year earnings has increased by 9.9% over the last 60 days - The company has a price-to-earnings ratio (P/E) of 7.57, significantly lower than the S&P 500's P/E of 20.64 - SIGA possesses a Value Score of B [1] AZZ Inc. (AZZ) - AZZ is a company specializing in galvanizing and coil coating solutions, also holding a Zacks Rank of 1 - The Zacks Consensus Estimate for its next year earnings has increased by 2.8% over the last 60 days - AZZ has a price-to-earnings ratio (P/E) of 16.60, compared to the industry average P/E of 42.20 - The company also possesses a Value Score of B [1]

Core Viewpoint - AZZ Inc. has revised its financial guidance for fiscal year 2025, indicating confidence in operational performance and growth opportunities in various end-markets [1][2]. Financial Guidance - Revised FY 2025 guidance includes: - Sales: $1.525 - $1.625 billion, up from $1.5 - $1.6 billion [1] - Adjusted EBITDA: $310 - $360 million, up from $300 - $350 million [1] - Adjusted Diluted EPS: $4.50 - $5.00, up from $4.25 - $4.75 [1] - The guidance excludes future acquisitions and includes approximately $15-$18 million of equity income from a minority interest in an unconsolidated subsidiary [1]. Operational Performance - The company is experiencing strength in many end-markets and has successfully repriced its Term Loan B, reducing the interest rate margin by 50 basis points [2]. - S&P Global upgraded the rating on AZZ's senior secured debt to 'BB-' from 'B', reflecting improved financial stability [2]. - Capital expenditures for FY 2025 are expected to remain at approximately $100 - $120 million, with a focus on completing a greenfield plant in Missouri [2]. Strategic Focus - The company aims to achieve organic growth within its Metal Coatings and Precoat Metals segments, focusing on market share growth and superior customer service [3]. - AZZ generates industry-leading margins and free cash flow, with plans to allocate cash flow to further deleverage the company by approximately $60 - $90 million [2][3]. Company Overview - AZZ Inc. is a leading independent provider of hot-dip galvanizing and coil coating solutions, serving a broad range of end-markets [4]. - The company's solutions enhance the longevity and appearance of essential infrastructure and products [4].