AZZ Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

AZZ Inc. AZZ will release earnings results for its second quarter, after the closing bell on Wednesday, Oct. 9.

Analysts expect the Fort Worth, Texas-based company to report quarterly earnings at $1.32 per share, up from $1.27 per share in the year-ago period. AZZ is projected to post quarterly revenue of $411.8 million, according to data from Benzinga Pro.

On Sept. 24, AZZ announced the successful completion of term loan B repricing in leverage-neutral transaction.

AZZ shares gained 2.8% to close at $82.50 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Wolfe Research analyst Timna Tanners initiated coverage on the stock with a Peer Perform rating on July 31. This analyst has an accuracy rate of 67%.
• B. Riley Securities analyst Lucas Pipes maintained a Buy rating and raised the price target from $89 to $99 on July 17. This analyst has an accuracy rate of 68%.
• Evercore ISI Group analyst Stephen Richardson initiated coverage on the stock rating with an Outperform rating and a price target of $90 on June 14. This analyst has an accuracy rate of 66%.
• Noble Capital Markets analyst Michael Heim upgraded the stock from Market Perform to Outperform with a price target of $95 on June 11. This analyst has an accuracy rate of 73%.
• Jefferies analyst Laurence Alexander initiated coverage on the stock with a Buy rating and a price target of $105 on May 20. This analyst has an accuracy rate of 77%.

Considering buying AZZ stock? Here’s what analysts think:

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