AZZ (NYSE:AZZ – Get Free Report) announced its quarterly earnings data on Wednesday. The industrial products company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.16, Briefing.com reports. The business had revenue of $413.21 million during the quarter, compared to analyst estimates of $403.25 million. AZZ had a return on equity of 17.08% and a net margin of 7.22%. The company’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.14 earnings per share. AZZ updated its FY25 guidance to $4.50-5.00 EPS and its FY 2025 guidance to 4.500-5.000 EPS.
AZZ Stock Up 6.1 %
AZZ stock opened at $81.20 on Friday. AZZ has a twelve month low of $42.55 and a twelve month high of $86.94. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.28 and a current ratio of 1.89. The firm has a market cap of $2.42 billion, a PE ratio of 75.89, a P/E/G ratio of 1.10 and a beta of 1.25. The firm’s 50 day moving average price is $78.78 and its two-hundred day moving average price is $72.60.
AZZ Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Wednesday, July 10th will be issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend is Wednesday, July 10th. AZZ’s dividend payout ratio is currently 63.55%.
Analyst Ratings Changes
Check Out Our Latest Analysis on AZZ
AZZ Company Profile
AZZ Inc provides hot-dip galvanizing and coil coating solutions in North America. It offers metal finishing solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating to steel fabrication and other industries, as well as to fabricators or manufacturers that provide services to the transmission and distribution, bridge and highway, petrochemical, and general industrial markets; and original equipment manufacturers.
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