Earnings ·
AZZ raises FY2027 adjusted EPS guidance to $7.00-$7.30 on record Q2 sales of $486.9 million
AZZAzz Inc
AZZ Inc. reported second-quarter fiscal 2027 results with total sales reaching a record $486.9 million, up 16.7% year-over-year. Operating income rose 22.4% to $83.8 million, while adjusted diluted earnings per share increased 29.0% to $2.00. The company raised its full-year fiscal 2027 adjusted EPS guidance to a range of $7.00 to $7.30 from the previous estimate of $6.75 to $7.15, citing strong execution and sustained sales momentum across both segments. Additionally, AZZ announced an increase in its quarterly cash dividend by 20% to $0.24 per share and completed the acquisition of Seattle Galvanizing for $57.5 million. The company operates as a leading independent provider of hot-dip galvanizing and coil coating solutions.