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

AZZ

10/10/2023 22:40

* AZZ Inc  AZZ.N  reported quarterly adjusted earnings of
$1.27​​
per share for the quarter ended in August. The mean expectation
of five analysts for the quarter was for earnings of $1.08 per
share.
    * Revenue fell 2% to $398.54 million from a year ago;
analysts
expected $396.91 million. 
    * AZZ Inc's reported EPS for the quarter was 97 cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * AZZ Inc shares had fallen by 0.2% this quarter and
gained 13.2%
so far this year.
    * The company reported quarterly net income of $24.73
million.
    * Wall Street's median 12-month price target for AZZ Inc is
$60.00
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 10 at 09:40 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2023      1.08           1.27           Beat
 May. 31 2023      1.16           1.14           Missed
 Feb. 28 2023      0.29           0.30           Beat
 Nov. 30 2022      0.79           0.88           Beat