AZZ Inc expected to post earnings of $1.30 a share - Earnings Preview

AZZ

08/07/2024 21:55

* AZZ Inc  AZZ.N   AZZ  is expected to show a rise in
quarterly
revenue when it reports  results on July 10 for the period
ending May 31 2024
    * The Fort Worth Texas-based  company is expected to report
a
2.9% increase in revenue to $402.051 million from $390.87
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for AZZ Inc is for earnings
of
$1.30 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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
$92.50​, above​ its last closing price of $76.34. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Feb. 29 2024  0.72        0.70       0.93      Beat    33.2
 Nov. 30 2024  1.00        1.00       1.19      Beat    18.8
 Jan. 1 0001   1.06        1.08       1.27      Beat    17.2​
 May. 31 2023  1.16        1.16       1.14      Missed  -2
 ​​Feb.        0.30        0.29       0.30      Beat    4.7
 28 2023                                                
 Nov. 30 2022  0.78        0.79       0.88      Beat    11.9​
 Aug. 31 2022  1.37        1.36       1.24      Missed  -8.5
 May. 31 2022  1.03        1.03       1.40      Beat    35.9
 This summary was machine generated July 8 at 20:55 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)