AZZ Q2 Adj. EPS $1.27 Beats $1.08 Estimate, Sales $398.50M Beat $396.91M Estimate
Portfolio Pulse from Bill Haddad
AZZ Inc. reported Q2 earnings of $1.27 per share, beating the analyst consensus estimate of $1.08 by 17.59%. This is a 2.42% increase from the same period last year. The company also reported quarterly sales of $398.50 million, beating the analyst consensus estimate of $396.91 million by 0.40%. However, this is a 2.02% decrease from the same period last year.
October 10, 2023 | 8:27 pm
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POSITIVE IMPACT
AZZ Inc. reported better than expected Q2 earnings and sales. However, the sales decreased by 2.02% compared to the same period last year.
AZZ Inc. reported better than expected earnings and sales for Q2, which is generally a positive signal for the stock. However, the decrease in sales compared to the same period last year might be a concern for some investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100