AZZ Inc expected to post earnings of $1.00 a share - Earnings Preview

AZZ

05/01/2024 21:03

* AZZ Inc  AZZ.N   AZZ  is expected to show a rise in
quarterly
revenue when it reports  results on January 9 for the period
ending August 31 2023
    * The Fort Worth Texas-based  company is expected to report
a
0.4% increase in revenue to $374.733 million from $373.3 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for AZZ Inc is for earnings
of
$1.00 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for AZZ Inc is
$64.50​, above​ its last closing price of $56.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Aug. 31 2023  1.06        1.08       1.27      Beat    17.2
 May. 31 2023  1.16        1.16       1.14      Missed  -2
 Feb. 28 2023  0.30        0.29       0.30      Beat    4.7​
 Nov. 30 2022  0.78        0.79       0.88      Beat    11.9
 ​​Aug.        1.37        1.36       1.24      Missed  -8.5
 31 2022                                                
 May. 31 2022  1.03        1.03       1.40      Beat    35.9​
 Feb. 28 2022  0.73        0.71       0.87      Beat    22
 Nov. 30 2021  0.83        0.82       0.85      Beat    3.2
 This summary was machine generated January 5 at 21:03 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)