8-K
filed April 22, 2024, 7:59 PM ET
ticker AZZ
CIK 0000008947
earnings
confidence high
sentiment positive
materiality 0.75
AZZ reports record FY2024 sales of $1.54B, adjusted EPS $4.53 up 34.8% YoY
AZZ INC
2024-FY EPS reported
$3.46
revenue$1,537,589,000
- FY2024 total sales $1,537.6M (+16.2%); Precoat Metals sales up 28.4% to $881.4M.
- Diluted EPS $3.46 (+48.5%); adjusted EPS $4.53 (+34.8%); net income $101.6M (+53.2%).
- Q4 sales $366.5M (+8.9%); adjusted EPS $0.93 (+210%); adjusted EBITDA $73.9M (20.2% of sales).
- Cash from operations $244.5M, up from $91.4M; debt reduced by $115M to net leverage 2.9x.
- Segment EBITDA margins: Metal Coatings 30.0%, Precoat Metals 19.0% for full year.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.98
AZZ INC reported Three months ended February 29, 2024 results: revenue $366.5 million, net income $17.9 million, EPS $0.56.
- Period
- Three months ended February 29, 2024
- Revenue
- $366.5 million
- Net income
- $17.9 million
- EPS
- $0.56
- Result
- reported results
Exact text from the filing
Fourth Quarter 2024 Overview (results from continuing operations as compared to prior year (1) ): ◦ Total Sales of $366.5 million, up 8.9% ▪ Metal Coatings sales of $154.4 million, up 3.3% ▪ Precoat Metals sales of $212.1 million, up 13.4% ◦ Diluted EPS of $0.56, up 273.3% versus prior year, Adjusted EPS of $0.93, up 210.0% ◦ Net Income of $17.9 million, up 140.5%; Adjusted net income of $27.5 million, up 260.3%
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.99
AZZ INC reported Fiscal year ended February 29, 2024 results: revenue $1,537.6 million, net income $101.6 million, EPS $3.46.
- Period
- Fiscal year ended February 29, 2024
- Revenue
- $1,537.6 million
- Net income
- $101.6 million
- EPS
- $3.46
- Result
- reported results
Exact text from the filing
Fiscal Year 2024 Overview (results from continuing operations as compared to prior year (1)(2) ): ◦ Total Sales $1,537.6 million, up 16.2% ▪ Metal Coatings sales of $656.2 million, up 3.0% ▪ Precoat Metals sales of $881.4 million, up 28.4% ◦ Diluted EPS of $3.46, up 48.5% versus prior year, Adjusted EPS of $4.53, up 34.8% ◦ Net Income of $101.6 million, up 53.2%; Adjusted net income of $132.8 million, up 39.5%
View on SEC.gov
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