Azz Inc Stock Price, News & Analysis

AZZ Inc. (NYSE: AZZ) reported strong financial results for Q1 FY2022, ending May 31, 2021. The company achieved a net income of $22.3 million ($0.88 per diluted share), a 303.1% increase from last year. Sales rose to $229.8 million, up 7.8%.

Both segments performed well: Metal Coatings sales were $127.7 million (+7.3%), and Infrastructure Solutions sales reached $102.1 million (+8.3%). Operating margins improved significantly in both segments. The company also increased its FY2022 guidance for sales to $855-$935 million and EPS to $2.65-$3.05.

AZZ Inc. (NYSE: AZZ) has declared a first quarter cash dividend of $0.17 per share, payable on August 3, 2021, to shareholders of record by July 20, 2021. The Board of Directors will assess future dividends on an individual basis, considering AZZ's financial performance and market conditions. The company, which specializes in metal coating services, welding solutions, and specialty electrical equipment, aims to enhance shareholder value through prudent financial management.

AZZ Inc. (NYSE: AZZ) will host a conference call on July 9, 2021, at 11:00 a.m. ET to discuss its financial results for the first quarter of fiscal year 2022. A press release detailing the financial results will be issued before the market opens on the same day. AZZ is a leading provider of metal coating services and welding solutions, focusing on the power generation and industrial markets. Interested parties can join the call through a dedicated dial-in number or via the Company's Investor Relations webpage.

AZZ Inc. (NYSE: AZZ), a leader in metal coating services, will present at the Jefferies Virtual Global Metals Summit on June 14, 2021, at 4:20 p.m. ET. Presenters include CFO Philip Schlom and SVP David Nark. The presentation will be available via webcast on the company's Investor Relations page and will be replayed after the event. Investors can also schedule one-on-one meetings on the same day by contacting Jefferies or Lytham Partners.

AZZ Inc. (NYSE: AZZ) announced that CFO Philip Schlom and SVP David Nark will present at the UBS Global Industrials and Transportation Virtual Conference on June 9, 2021, at 12:00 p.m. ET. The event will highlight AZZ's services including metal coating and welding solutions for various markets. A webcast will be accessible on the Company’s Investor Relations page, with a replay available post-event.

AZZ Inc. reported its Fiscal Year 2021 results, achieving its 34th consecutive year of profitability despite significant challenges from the COVID-19 pandemic. The company recorded net income of $39.6 million and earnings per share of $1.52. However, total sales decreased by 21% to $838.9 million. The Metal Coatings segment saw a decline of 8.3% in sales, while the Infrastructure Solutions segment plummeted 32.3%. Despite this, the company maintained a strong operating cash flow of $92 million and plans to invest in growth, reiterating sales guidance for FY 2022 between $835 million and $935 million.

AZZ Inc. (NYSE: AZZ) will hold a conference call to discuss its financial results for the fourth quarter and fiscal year 2021 on April 23, 2021, at 11:00 a.m. ET. The results will be released before the market opens the same day. AZZ is known for providing metal coating services, welding solutions, and specialty electrical equipment to various industrial markets. The company emphasizes that future performance may be affected by various risks, including market demand fluctuations, supply chain issues, and impacts from the COVID-19 pandemic.

AZZ Inc. (NYSE: AZZ) has announced a fourth quarter cash dividend of $0.17 per share on its common stock, payable on May 11, 2021, for shareholders of record as of April 27, 2021. The company emphasizes its ongoing commitment to enhancing shareholder value, contingent upon its operating results and financial condition.

AZZ operates in metal coatings, welding, and specialty electrical equipment sectors, with a focus on the power generation and industrial markets.

AZZ Inc. (NYSE: AZZ), a leading provider of metal coating, welding solutions, and specialty electrical equipment, announced that CFO Philip Schlom and SVP David Nark will present at the Sidoti's Spring 2021 Investor Conference on March 24, 2021, at 2:30 p.m. ET. The presentation will be virtual, and a replay will be available afterward on the Investor Relations page.

AZZ serves various markets, including power generation and industrial, focusing on metal finishing and corrosion protection.