AZZ (NYSE:AZZ – Get Free Report) released its quarterly earnings data on Monday. The industrial products company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.23, Briefing.com reports. The company had revenue of $366.50 million for the quarter, compared to analyst estimates of $351.67 million. AZZ had a net margin of 6.61% and a return on equity of 15.66%. AZZ’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.30 EPS. AZZ updated its FY25 guidance to $4.50-5.00 EPS.
AZZ Stock Performance
Shares of AZZ stock opened at $83.04 on Wednesday. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 24.21, a PEG ratio of 1.16 and a beta of 1.28. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.33 and a current ratio of 1.89. The company has a 50-day simple moving average of $75.03 and a 200 day simple moving average of $61.20. AZZ has a 52 week low of $34.59 and a 52 week high of $83.22.
AZZ Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, May 2nd. Investors of record on Wednesday, April 17th will be issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 0.82%. The ex-dividend date is Tuesday, April 16th. AZZ’s payout ratio is 19.83%.
Analyst Ratings Changes
Read Our Latest Research Report on AZZ
About AZZ
AZZ Inc provides hot-dip galvanizing and coil coating solutions in the United States, Canada, Brazil, China, the Netherlands, Poland, Singapore, and India. The company operates through AZZ Metal Coatings and AZZ Precoat Metals segments. The AZZ Metal Coatings segment offers metal finishing solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating to steel fabrication and other industries.
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