AZZ (NYSE:AZZ – Get Free Report) issued its earnings results on Wednesday. The industrial products company reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.16, Briefing.com reports. AZZ had a return on equity of 15.66% and a net margin of 6.61%. The firm had revenue of $413.21 million for the quarter, compared to the consensus estimate of $403.25 million. During the same quarter in the prior year, the business earned $1.14 earnings per share. The company’s revenue was up 5.7% compared to the same quarter last year. AZZ updated its FY25 guidance to $4.50-5.00 EPS and its FY 2025 guidance to 4.500-5.000 EPS.
AZZ Trading Up 6.1 %
AZZ opened at $81.20 on Friday. AZZ has a 52 week low of $42.55 and a 52 week high of $86.94. The business has a fifty day simple moving average of $78.78 and a 200-day simple moving average of $72.60. The firm has a market cap of $2.42 billion, a P/E ratio of 23.67, a P/E/G ratio of 1.10 and a beta of 1.25. The company has a quick ratio of 1.28, a current ratio of 1.89 and a debt-to-equity ratio of 1.36.
AZZ Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 10th will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Wednesday, July 10th. This represents a $0.68 annualized dividend and a dividend yield of 0.84%. AZZ’s dividend payout ratio is currently 19.83%.
Analyst Ratings Changes
View Our Latest Research Report 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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