AZZ is set to release Q2 earnings on October 8. Analysts expect earnings of $1.57 per share, up from $1.37. Projected revenue for Q2 is $426.55 million, a year-over-year increase. AZZ has a 0.66% dividend yield, with an annual payout of 71 cents per share. B. Riley Securities raised AZZ's price target from $131 to $140.
AZZ will report Q2 earnings on Oct. 8, expecting $1.57 per share. Projected revenue of $426.55 million, up from $409.01 million last year. Board authorized a 20-cent per share dividend on Oct. 2. B. Riley raised price target to $140 while other analysts maintained or adjusted targets. AZZ shares fell 0.7% to $108.37 prior to earnings announcement.
AZZ expects Q1 earnings of $1.60, up from $1.46 last year. Quarterly revenue projected at $435.91 million, a year-over-year increase. AZZ announced acquisition of Canton Galvanizing, LLC on July 1. Analysts have mixed ratings, with price targets ranging from $101 to $111. AZZ shares rose 2.4%, closing at $96.74 on the previous trading day.