---
schema_version: "secwatch.filing_event.v1"
accession: "0000008947-23-000106"
form_type: "8-K"
ticker: "AZZ"
cik: "0000008947"
company_name: "AZZ INC"
filed_at: "2023-07-07T23:59:59+00:00"
generated_at: "2026-06-13T11:26:53.722715+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AZZ Q1 sales $390.9M (+88.7% YoY); adj. EPS $1.14; reaffirms FY2024 guidance

## Summary
- Sales $390.9M (+88.7% YoY, +16.2% sequential); diluted EPS $0.98; adjusted EPS $1.14.
- Adjusted EBITDA $85.4M (21.8% of sales), up 62.6% YoY.
- Metal Coatings EBITDA margin 30.7% above target; Precoat Metals margin 19.4%, up 560 bps sequentially.
- Paid down $20M debt; net leverage 3.5x; FY2024 guidance: sales $1.40-1.55B, adj. EBITDA $300-325M, adj. EPS $3.85-4.35.

## SEC filing metadata
- accession: 0000008947-23-000106
- form_type: 8-K
- ticker: AZZ
- cik: 0000008947
- company_name: AZZ INC
- filed_at: 2023-07-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8947/000000894723000106/0000008947-23-000106-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8947/000000894723000106/azz-20230707.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008947-23-000106
- JSON: https://secwatch.observer/filing/0000008947-23-000106.json
- Plain text: https://secwatch.observer/filing/0000008947-23-000106.txt

## Key facts
- Earnings Releases
  AZZ INC reported fiscal year 2024 results: revenue $1.40 billion to $1.55 billion, EPS $3.85-$4.35. Guidance reaffirmed.
  - Period: fiscal year 2024
  - Revenue: $1.40 billion to $1.55 billion
  - EPS: $3.85-$4.35
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Management reaffirms fiscal year 2024 guidance: ◦ Sales of $1.40 billion to $1.55 billion ◦ Adjusted EBITDA of $300-$325 million ◦ Adjusted earnings per diluted share of $3.85-$4.35
  evidence_url: https://www.sec.gov/Archives/edgar/data/8947/000000894723000106/0000008947-23-000106-index.htm
- Earnings Releases
  AZZ INC reported first quarter ended May 31, 2023 results: revenue $390.9 million, net income $28.5 million, EPS $0.98.
  - Period: first quarter ended May 31, 2023
  - Revenue: $390.9 million
  - Net income: $28.5 million
  - EPS: $0.98
  - Result: reported results
  source text: First Quarter Overview (results from continuing operations (1),(2) ): ◦ Sales of $390.9 million, up 88.7% versus prior year, up 16.2% sequentially ▪ Metal Coatings sales of $168.8 million up 3.3% versus prior year and 13.0% sequentially ▪ Precoat Metals sales of $222.1 million, up 18.7% sequentially ◦ Diluted EPS of $0.98, up 58.1% versus prior year, up 553.3% sequentially; Adjusted EPS of $1.14, up 3.6% versus prior year, up 280.0% sequentially ◦ Net Income of $28.5 million, up 85.8% versus prior year, up 284.0% sequentially
  evidence_url: https://www.sec.gov/Archives/edgar/data/8947/000000894723000106/0000008947-23-000106-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
