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Benzinga
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AZZ Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. AZZ expects Q1 earnings of $1.60, up from $1.46 last year. 2. Quarterly revenue projected at $435.91 million, a year-over-year increase. 3. AZZ announced acquisition of Canton Galvanizing, LLC on July 1. 4. Analysts have mixed ratings, with price targets ranging from $101 to $111. 5. AZZ shares rose 2.4%, closing at $96.74 on the previous trading day.

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FAQ

Why Bullish?

Positive earnings expectations and an acquisition generally support stock growth. Historical precedents show acquisitions often lead to stock price increases if integration is successful.

How important is it?

Strong earnings expectations and acquisition news create a favorable outlook, influencing investor sentiment.

Why Short Term?

Earnings results and immediate market reaction will likely influence AZZ's stock in the short term. Acquisitional success will be evaluated over time.

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