AZZ (AZZ) Scheduled to Post Earnings on Thursday

AZZ (NYSE:AZZ) is scheduled to post its quarterly earnings results before the market opens on Thursday, July 5th. Analysts expect AZZ to post earnings of $0.49 per share for the quarter.

AZZ (NYSE:AZZ) last issued its quarterly earnings results on Tuesday, May 15th. The industrial products company reported $0.15 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.24). AZZ had a return on equity of 4.63% and a net margin of 5.56%. The firm had revenue of $200.66 million for the quarter, compared to the consensus estimate of $205.20 million. On average, analysts expect AZZ to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of AZZ opened at $43.60 on Thursday, MarketBeat reports. AZZ has a 1-year low of $39.50 and a 1-year high of $57.65. The company has a market cap of $1.14 billion, a PE ratio of 33.00 and a beta of 1.26.

A number of analysts have recently weighed in on the stock. Stifel Nicolaus cut their price target on shares of AZZ from $48.00 to $47.00 and set a “hold” rating for the company in a report on Friday, May 18th. ValuEngine raised shares of AZZ from a “sell” rating to a “hold” rating in a report on Friday, June 1st. Finally, Zacks Investment Research downgraded shares of AZZ from a “hold” rating to a “strong sell” rating in a report on Monday, May 21st. Two investment analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $47.00.

About AZZ

AZZ Inc provides galvanizing and metal coating services, welding solutions, specialty electrical equipment, and highly engineered services to the power generation, transmission, distribution, refining, and industrial markets. The company operates through two segments, Energy Segment and Metal Coatings.

Earnings History for AZZ (NYSE:AZZ)

Receive News & Ratings for AZZ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AZZ and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply