AZZ Inc reports results for the quarter ended in August - Earnings Summary

AZZ

11/10/2022 14:31

* AZZ Inc  AZZ.N  reported a quarterly adjusted loss of
$2.36​​
per share for the quarter ended in August. The mean expectation
of three analysts for the quarter was for earnings of $1.36 per
share.
    * Revenue rose 87.9% to $406.71 million from a year ago;
analysts
expected $470.94 million. 
    * AZZ Inc's reported EPS for the quarter was a loss of
$2.36​.
    * The mean earnings estimate of analysts had risen by
about 38.3%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * AZZ Inc shares had risen by 6.9% this quarter and
lost 29.4% so
far this year.
    * The company reported a quarterly loss of $58.61 million.
    * Wall Street's median 12-month price target for AZZ Inc is
$53.00
    * 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." 

This summary was machine generated from Refinitiv data October
11 at 01:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2022      1.36           -2.36          Missed
 May. 31 2022      1.03           1.40           Beat
 Feb. 28 2022      0.71           0.87           Beat
 Nov. 30 2021      0.82           0.85           Beat