AZZ 4Q Revenue Falls on Lower Volumes Amid Unfavorable Weather

Dow Jones
04-22
 

By Kelly Cloonan

 

AZZ posted lower revenue in its fiscal fourth quarter as unfavorable weather pressured volumes.

The provider of hot-dip galvanizing and coil-coating solutions logged a profit of $20.2 million, or 67 cents a share, for the three-months ended Feb. 28, up from $14.3 million, or 56 cents a share, a year ago.

Adjusted earnings per share was 98 cents, in line with estimates according to analysts polled by FactSet.

Revenue fell 4% to $351.9 million, behind analyst forecasts of $378 million, according to FactSet.

The company said sales of metal coatings fell 3.9%, while sales of precoat metals fell 4.1% due to a decrease in volume amid unfavorable weather conditions in the quarter. Lower end market demand in transportation also pressured precoat metals sales.

For fiscal 2026, AZZ expects adjusted earnings per share between $5.50 to $6.10. Analysts expected $5.90 a share, at the upper end of the range.

The company guided for full-year fiscal 2026 sales of $1.63 billion to $1.73 billion. Analysts expect $1.68 billion.

 

Write to Kelly Cloonan at kelly.cloonan@wsj.com

 

(END) Dow Jones Newswires

April 21, 2025 16:51 ET (20:51 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10