Jul. 14 at 12:58 PM
Noble Capital Markets Research Report: AZZ (
$AZZ) – Increasing Estimates, Raising PT
First quarter financial results. For the first quarter of fiscal year (FY) 2026, AZZ reported adjusted net income of
$53.8 million or
$1.78 per share compared to
$44.0 million or
$1.46 per share during the prior year period and our estimate of
$50.1 million or
$1.66 per share. Compared to the first quarter of FY 2025, sales increased 2.1% to
$422.0 million. Adjusted EBITDA increased 13.1% to
$106.4 million, representing 25.2% of sales compared to 22.8% of sales during the prior year period.
Read more: https://www.channelchek.com/news-channel/azz-azz-increasing-estimates-raising-pt