AZZ (AZZ) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for AZZ, with a focus on how actual results compare to estimates, which could significantly impact the stock price [1][2]. Earnings Expectations - AZZ is expected to report quarterly earnings of $1.56 per share, reflecting a year-over-year increase of 13.9% [3]. - Revenues are projected to be $429.45 million, representing a 5% increase from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 0.79% higher in the last 30 days, indicating a collective reassessment by analysts [4]. - A negative Earnings ESP of -1.92% suggests analysts have recently become bearish on AZZ's earnings prospects [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, with positive readings being more reliable [9][10]. - AZZ's current Zacks Rank is 2, which complicates the prediction of an earnings beat despite the negative Earnings ESP [12]. Historical Performance - In the last reported quarter, AZZ exceeded expectations by delivering earnings of $1.78 per share against an expected $1.58, resulting in a surprise of +12.66% [13]. - Over the past four quarters, AZZ has consistently beaten consensus EPS estimates [14]. Conclusion - While AZZ does not appear to be a strong candidate for an earnings beat, investors should consider other factors before making investment decisions [17].