AZZ Inc expected to post earnings of $1.36 a share - Earnings Preview

AZZ

07/10/2022 13:44

* AZZ Inc  AZZ.N   AZZ  is expected to show a rise in
quarterly
revenue when it reports  results on October 11. 
    * The Fort Worth Texas-based  company is expected to report 
a
117.6% increase in revenue to $470.939 million from $216.45
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
July 11 2022, for the period ended August 31, was for revenue
between USD485 million and USD510 million.
    * ​Refinitiv's mean analyst estimate for AZZ Inc is for
earnings
of $1.36 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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
$53​,
above​ its last closing price of $39.19. ​​​

The company's guidance on July 11 2022 for the period ended
August 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD485 million and USD110 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Aug. 31 2021  0.62        0.62       0.76      Beat    21.9
 ​​May.        0.62        0.62       0.88      Beat    41.9
 31 2021                                                
 Feb. 28 2021  0.58        0.57       0.62      Beat    8.1​
 Nov. 30 2020  0.60        0.66       0.80      Beat    21.2
 Aug. 31 2020  0.44        0.43       0.49      Beat    13.1
 This summary was machine generated October 7 at 12:43 GMT.  All
figures in US dollars  unless otherwise stated