AZZ Inc. (NYSE:AZZ) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, October 3rd. Analysts expect the company to announce earnings of $0.57 per share for the quarter.

AZZ (NYSE:AZZ) last released its earnings results on Thursday, July 6th. The industrial products company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.19). AZZ had a return on equity of 10.98% and a net margin of 6.44%. The business had revenue of $208.60 million for the quarter, compared to analyst estimates of $225.08 million. During the same period in the prior year, the business earned $0.81 EPS. The company’s revenue for the quarter was down 14.1% on a year-over-year basis. On average, analysts expect AZZ to post $2.62 EPS for the current fiscal year and $3.07 EPS for the next fiscal year.

Shares of AZZ Inc. (NYSE:AZZ) opened at 47.20 on Tuesday. The company’s 50-day moving average price is $49.00 and its 200 day moving average price is $54.17. The firm has a market cap of $1.23 billion, a PE ratio of 23.24 and a beta of 1.58. AZZ Inc. has a 1-year low of $44.80 and a 1-year high of $67.70.

COPYRIGHT VIOLATION WARNING: “AZZ Inc. (AZZ) Set to Announce Quarterly Earnings on Tuesday” was reported by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another site, it was stolen and reposted in violation of United States & international trademark and copyright laws. The original version of this piece of content can be read at https://www.americanbankingnews.com/2017/09/26/azz-inc-azz-set-to-announce-quarterly-earnings-on-tuesday.html.

In other AZZ news, CFO Paul Wesley Fehlman purchased 1,500 shares of the stock in a transaction on Tuesday, July 11th. The stock was acquired at an average price of $49.31 per share, with a total value of $73,965.00. Following the transaction, the chief financial officer now directly owns 9,287 shares of the company’s stock, valued at approximately $457,941.97. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Thomas E. Ferguson purchased 5,000 shares of the stock in a transaction on Tuesday, July 11th. The shares were acquired at an average cost of $49.59 per share, with a total value of $247,950.00. Following the transaction, the insider now directly owns 49,037 shares in the company, valued at $2,431,744.83. The disclosure for this purchase can be found here. Corporate insiders own 0.01% of the company’s stock.

A number of research analysts have commented on the company. Zacks Investment Research raised AZZ from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 21st. Stifel Nicolaus lowered their price target on AZZ from $58.00 to $56.00 and set a “hold” rating for the company in a research report on Friday, July 7th. BidaskClub lowered AZZ from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Finally, TheStreet lowered AZZ from a “b” rating to a “c+” rating in a research report on Friday, July 7th.

AZZ Company Profile

AZZ Inc is a provider of galvanizing services, welding solutions, specialty electrical equipment and engineered services to the power generation, transmission, distribution, refining and industrial markets. The Company operates through two segments: Energy segment and Galvanizing segment. Its Energy segment provides products and services designed to support industrial, nuclear and electrical applications.

Earnings History for AZZ (NYSE:AZZ)

Receive News & Ratings for AZZ Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AZZ Inc. and related companies with MarketBeat.com's FREE daily email newsletter.