AZZ Reports Strong Q2 Results and Raises FY27 Outlook
AZZ Inc. (AZZ) reported better-than-expected second-quarter results, with both revenue and earnings per share exceeding analyst estimates. The company's non-GAAP EPS came in at $2.00, surpassing expectations by $0.15, while total revenue reached $486.9 million—up 16.7% year-over-year—and beat forecasts by over $13 million. AZZ attributed the strong performance to robust sales across its two business segments: Metal Coatings and Precoat Metals. The former saw a significant increase in sales, reaching $233.5 million—a rise of 22.9%. Meanwhile, Precoat Metals reported revenue of $253.4 million, up by 11.5% year-over-year. The company also raised its full-year fiscal 2027 outlook based on the strong Q2 performance and continued demand in key markets.
Tickers: $AZZ
Topics: Adjusted EBITDA Earnings Revenue Growth
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Part of the story AZZ Reports Strong Q2 Results and Raises FY27 Outlook (3 articles)