Jul. 10 at 12:43 PM
Noble Capital Markets Research Report: AZZ (
$AZZ) – Strong Start to Fiscal Year 2026
FY 2026 first quarter financial results. 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. We had forecast adjusted net income 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. We had projected adjusted EBITDA of
$99.5 million.
Read more: https://www.channelchek.com/news-channel/azz-azz-strong-start-to-fiscal-year-2026
