AZZ incorporated (AZZ) revealed earnings for its second quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $35.4 million, or $1.18 per share. This compares with $24.7 million, or $0.97 per share, in last year's second quarter.
Excluding items, AZZ incorporated reported adjusted earnings of $41.3 million or $1.37 per share for the period.
Analysts on average had expected the company to earn $1.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 2.6% to $409.007 million from $398.542 million last year.
AZZ incorporated earnings at a glance (GAAP) :
-Earnings (Q2): $35.4 Mln. vs. $24.7 Mln. last year.-EPS (Q2): $1.18 vs. $0.97 last year.-Revenue (Q2): $409.007 Mln vs. $398.542 Mln last year.
-Guidance:Full year EPS guidance: $4.70 - $5.10Full year revenue guidance: $1.525 - $1.625 Bln
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.