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

AZZ

07/07/2023 22:01

* AZZ Inc  AZZ.N  reported quarterly adjusted earnings of
$1.14​​
per share for the quarter ended in May. The mean expectation of
three analysts for the quarter was for earnings of $1.16 per
share.
    * Revenue rose 24.3% to $390.87 million from a year ago;
analysts
expected $396.65 million. 
    * AZZ Inc's reported EPS for the quarter was 98 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * AZZ Inc shares had fallen by 4.4% this quarter and
gained 3.4%
so far this year.
    * The company reported quarterly net income of $24.92
million.
    * Wall Street's median 12-month price target for AZZ Inc is
$58.00
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
7 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 May. 31 2023      1.16           1.14           Missed
 Feb. 28 2023      0.29           0.30           Beat
 Nov. 30 2022      0.79           0.88           Beat
 Aug. 31 2022      1.36           1.24           Missed