Dec. 22 at 2:58 PM
Noble Capital Markets Research Report: AZZ (
$AZZ) – Updating Estimates; Maintaining Positive Outlook and Outperform Rating
Updating estimates. While our fiscal year 2026 estimates are unchanged,we have increased our fiscal year 2027 adjusted EBITDA and EPS estimates to
$387.8 million and
$6.45 from
$386.2 million and
$6.41, respectively. Our estimates reflect modestly higher revenue for the Precoat Metals segment and lower interest expense relative to prior estimates. We have increased our FY 2027 capital expenditure estimate to
$80 million from
$70 million to reflect greater reinvestment in the base business, including capacity expansions. Our estimates do not reflect acquisitions until they are announced.
Read more: https://www.channelchek.com/news-channel/azz-azz-updating-estimates-maintaining-positive-outlook-and-outperform-rating
