AZZ Inc reports results for the quarter ended November 30 - Earnings Summary

• AZZ Inc AZZ.N reported quarterly adjusted earnings of $1.39​​ per share for the quarter ended November 30, higher than the same quarter last year, when the company reported EPS of $1.19. The mean expectation of nine analysts for the quarter was for earnings of $1.25 per share. Wall Street expected results to range from $1.19 to $1.39 per share.

• Revenue rose 5.8% to $403.65 million from a year ago; analysts expected $396.39 million.

• AZZ Inc's reported EPS for the quarter was $1.12​.

• The company reported quarterly net income of $33.6 million.

• AZZ Inc shares had risen by 3.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the iron & steel peer group is also "buy"

Wall Street's median 12-month price target for AZZ Inc is $99.00

This summary was machine generated from LSEG data January 7 at 10:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)