AZZ Q3 sales $381.6M (+2.2%), adj. EPS $1.19 (+52.6%), debt cut $25M

AZZ INC

2024-Q3 EPS reported $2.86 revenue$1,171,020,000

Diluted EPS $0.92 (+55.9%); adjusted EPS $1.19 (+52.6%); net income $26.9M (+45.8%).
Adjusted EBITDA $86.4M (22.6% of sales) vs $68.9M (18.5%) a year ago.
Metal Coatings sales $163.2M (+3.1%); Precoat Metals $218.4M (+1.6%).
Reduced debt by $25M in quarter; net leverage improved to 3.1x.
Narrowed annual guidance for fiscal 2024.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AZZ INC reported the third quarter ended November 30, 2023 results: revenue $381.6 million, net income $26.9 million, EPS $0.92.

Period: the third quarter ended November 30, 2023
Revenue: $381.6 million
Net income: $26.9 million
EPS: $0.92
Result: reported results

Exact text from the filing

financial results for the third quarter ended November 30, 2023. Third Quarter Overview (results from continuing operations as compared to prior year (1) ): ◦ Total Sales $381.6 million, up 2.2% ▪ Metal Coatings sales of $163.2 million, up 3.1% ▪ Precoat Metals sales of $218.4 million, up 1.6% ◦ Diluted EPS of $0.92, up 55.9% versus prior year, Adjusted EPS of

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Source: SEC EDGAR

accession 0000008947-24-000014

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