AZZ Sees FY24 Adj. EPS $4.70-$5.10 vs $4.94 Est., Sales $1.525B-$1.625B vs $1.608B Est.
Portfolio Pulse from Benzinga Newsdesk
AZZ Inc. has provided its financial guidance for fiscal year 2024, projecting adjusted earnings per share (EPS) between $4.70 and $5.10, compared to the estimated $4.94. The company also forecasts sales between $1.525 billion and $1.625 billion, against an estimate of $1.608 billion.
October 09, 2024 | 8:11 pm
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AZZ Inc. has released its FY24 financial guidance, with adjusted EPS expected to range from $4.70 to $5.10, slightly above the consensus estimate of $4.94. Sales are projected between $1.525 billion and $1.625 billion, aligning closely with the $1.608 billion estimate.
The guidance for adjusted EPS is slightly above the consensus estimate, which is generally positive for investor sentiment. The sales forecast is in line with expectations, providing a stable outlook. This could lead to a positive short-term impact on AZZ's stock price.
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