Market Overview

AZZ Earnings Preview

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AZZ (NYSE: AZZ) will be releasing its next round of earnings this Tuesday, October 13. For all of the relevant information, here is your guide for Tuesday's Q2 earnings announcement.

Earnings and Revenue

Wall Street analysts see AZZ reporting earnings of $0.43 per share on revenue of $219.02 million. In the same quarter last year, AZZ reported earnings per share of $0.54 on revenue of $236.19 million. If the company were to match the consensus estimate when it reports Tuesday, earnings would be down 20.37%. Revenue would be down 7.27% on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2020 Q2 2019
EPS Estimate 0.61 0.51 0.81 0.56
EPS Actual 0.21 0.47 0.84 0.54
Revenue Estimate 258.96 M 228.36 M 271.69 M 234.90 M
Revenue Actual 213.29 M 245.37 M 291.14 M 236.19 M

Stock Performance

Over the past 52-week period, shares of AZZ have declined 5.99%.

Analysts seem to have developed a bearish outlook on the upcoming earnings release in recent days versus 90 days ago. The general EPS consensus estimate since that time has moved down 29.51% while revenue estimates have moved down 7.27%.

Do not be surprised to see the stock move on comments made during its conference call. AZZ is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://www.webcaster4.com/Webcast/Page/425/38146

 

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Posted-In: Earnings