AZZ Inc. (AZZ) 1Q21 Earnings Sneak Preview

AZZ Inc. (NYSE:AZZ) is reporting first quarter financial results on Thursday 9th July 2020, before market open.

According to analysts surveyed by Thomson Reuters, AZZ is expected to report 1Q21 income of $ 0.61 per share from revenue of $ 258.96 million.

For the full year, analysts anticipate top line of $ 995.12 million, while looking forward to income of $ 2.49 per share bottom line.

The Company Outlook

Full Year 2021 topline are forecasted in a range of$ 970.00 million ~ $ 1,060.00 million, where as bottomline are predicted in a range of $ 2.65 ~ $ 3.15 per share

Stock Performance

According to the previous trading day, closing price of AZZ was $ 33.08, representing a 71.31 % increase from the 52 week low of $ 19.31 and a 33.12 % decrease over the 52 week high of $ 49.46.

The company has a market capital of $ 865.34 million and is part of the Industrials sector and Diversified Industrials industry.

Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.17 per share on April 22, 2020. The dividend were payable on May 21, 2020 to holders of record as of the close of business on May 7, 2020 and ex-dividend date on May 6, 2020.

Conference Call

AZZ Inc. will be hosting a conference call at 11:00 AM eastern time on 9th July 2020, to discuss its 1Q21 financial results with the investment community. The participants may dial, (844) 855-9499 Toll Free or (412) 317-5497 Outside U.S. in order to access the live audio call. A replay of the event will be available by calling the dial-in number(s) (877) 344-7529 U.S. or (412) 317-0088 Outside U.S., when prompted, enter passcode 10145425. A live webcast with presentations will be available on the Internet by visiting the Company website www.azz.com/investor-relations.

AZZ Inc. provides galvanizing and metal coating services, welding solutions, specialty electrical equipment, and highly engineered services to the power generation, transmission, distribution, refining, and industrial markets. The company operates through two segments, Energy and Metal Coatings.

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