Sales and Margin Expansion Drives Quarterly Results; Narrowing and Raising Fiscal Year 2025 Financial Guidance FORT WORTH, Texas, Oct. 9, 2024 /PRNewswire/ --- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced financial results for the second quarter ended August 31, 2024. Fiscal Year 2025 Second Quarter Overview (as compared to prior year(1)):Total Sales $409.0 million, up 2.6%Metal Coatings sales of $171.5 million, up 1.0%Precoat Meta ...

财务业绩 - 总销售额为4.09亿美元，同比增长2.6%[1] - 金属涂层业务销售额为1.715亿美元，同比增长1.0%[5] - 预涂金属业务销售额为2.375亿美元，同比增长3.8%[6] - 净利润为3,540万美元，同比增长25.0%[1] - 调整后每股收益为1.37美元，同比增长7.9%[1] - 调整后EBITDA为9,190万美元，占销售额22.5%[1] - 公司总销售额在三个月和六个月期间分别为4.09亿美元和8.22亿美元，同比增长2.6%和4.2%[18] - 公司调整后净收入为4,125.2万美元，调整后每股收益为1.37美元，同比增长15.1%和41.2%[27] - 公司调整后EBITDA为9,185.8万美元，同比增长4.4%[28] - 公司总体净收入为75,021美元[31] - 公司总体调整后EBITDA为185,956美元[31] - 公司总体净收入为56,854美元[33] - 公司总体调整后EBITDA为173,374美元[33] 分部业绩 - 金属涂层业务调整后EBITDA利润率为31.7%[5] - 预涂金属业务调整后EBITDA利润率为21.1%[6] - 金属涂层和预涂金属业务分部的调整后EBITDA分别为5,436.6万美元和5,016.9万美元，同比增长5.3%和8.0%[18] - 金属涂层、预涂金属和基础设施解决方案业务分部的调整后EBITDA分别为5,436.6万美元、5,016.9万美元和146.9万美元[30] - 金属涂层业务净收入为95,670美元[31] - 预涂金属业务净收入为82,623美元[31] - 基础设施解决方案业务净收入为5,264美元[31] - 金属涂层业务调整后EBITDA为109,011美元[31] - 预涂金属业务调整后EBITDA为97,855美元[31] - 基础设施解决方案业务调整后EBITDA为5,264美元[31] 财务状况 - 前6个月内偿还债务4,500万美元，净负债率降至2.7倍[7] - 将于2024年9月24日将Term Loan B利率下调75个基点至SOFR+2.50%[1] - 公司总资产为22.40亿美元，较上一年度末增加2.0%[19] - 公司流动负债为2.17亿美元，较上一年度末增加11.7%[19] - 公司长期债务净额为9.13亿美元，较上一年度末减少4.2%[19] - 公司调整后EBITDA中的公司总部费用为5,626.1万美元[30]

文章核心观点 - 公司宣布派发第二季度现金股利,每股0.17美元,将于2024年11月1日支付给10月18日登记在册的股东 [1] - 公司表示未来将继续定期派发现金股利,但具体派息决定将由董事会根据当时的经营业绩、财务状况和业务前景等因素而定 [1] 公司概况 - 公司是独立的热浸镀锌和卷材涂装解决方案的领先提供商 [2] - 公司的业务部门提供可持续的、无与伦比的金属涂层解决方案,提高建筑物、产品和基础设施的耐用性和外观,这些是日常生活中不可或缺的 [2] 风险因素 - 客户对公司制造解决方案的需求可能发生变化,包括建筑、工业和金属涂层市场的需求 [3] - 劳动力成本、零部件和原材料(如锌和天然气)可能会进一步上涨 [3] - 供应商延迟交货、客户要求延迟交付公司的制造解决方案 [3] - 收购机会延迟、公司债务杠杆和/或利率上升(其中大部分与浮动利率挂钩) [3] - 实施公司增长战略的管理人员和员工可能不足 [3] - 与公司提供的制造解决方案相关的任何行业出现市场低迷 [3] - 经济波动,包括经济衰退或通胀等宏观经济条件,以及美国或加拿大的政治稳定性变化 [3] - 国内外战争或恐怖主义行为 [3] - 其他经济和金融状况的变化 [3]

文章核心观点 - 公司AZZ最近一个交易日收盘价为82.61美元,较前一交易日上涨0.39% [1] - 公司最近一个月股价下跌1.06%,低于行业和大盘的涨幅 [1] - 公司预计将于2024年10月9日发布财报,预计每股收益为1.26美元,同比下降0.79%,营收为4.09.47亿美元,同比增长2.74% [1] 根据相关目录分别进行总结 全年业绩预测 - 全年每股收益预计为4.94美元,同比增长9.05% [2] - 全年营收预计为16.1亿美元,同比增长4.81% [2] 分析师预测变化 - 分析师预测最近有所调整,这反映了公司短期业务模式的变化 [2] - 分析师预测变化与公司股价走势有直接关联,这是Zacks评级系统的依据 [2] 估值指标 - 公司目前市盈率为16.67倍,低于行业平均水平23.58倍 [3] - 公司目前PEG率为1.19,低于行业平均水平2.07 [3] 行业地位 - 公司所属的制造电子行业目前在250多个行业中排名前10% [4] - 行业排名越靠前,其平均Zacks评级越高,业绩表现也更优秀 [4]

AZZ (AZZ) closed at $82.01 in the latest trading session, marking a +0.94% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.25%. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.56%.Prior to today's trading, shares of the electrical equipment maker had lost 1.71% over the past month. This has lagged the Industrial Products sector's gain of 3.56% and the S&P 500's gain of 1.65% in that time.Market participants will be closely following the fi ...

FORT WORTH, Texas, Sept. 24, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today announced the successful repricing of its existing $890 million Term Loan B which matures May 13, 2029. The repricing reduced the interest rate margin on the Term Loan B by an additional 75 basis points to SOFR + 250 basis points with no change to leverage, covenants, or maturity date. Assuming the same level of indebtedness of $89 ...

FORT WORTH, Texas, Sept. 23, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced it will conduct a conference call to review the financial results for the second quarter fiscal year 2025 at 11:00 a.m. ET on Thursday, October 10, 2024. The Company will issue a press release reporting second quarter financial results after the market closes on October 9, 2024.Conference Call Details Interested parties can access the con ...

The latest trading session saw AZZ (AZZ) ending at $74.55, denoting a +1.58% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 1.07%. Meanwhile, the Dow experienced a rise of 0.31%, and the technology-dominated Nasdaq saw an increase of 2.17%.Shares of the electrical equipment maker have depreciated by 2.2% over the course of the past month, underperforming the Industrial Products sector's gain of 0.75% and the S&P 500's gain of 2.92%.The upcoming earnings re ...

FORT WORTH, Texas, Sept. 10, 2024 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today announced that David Nark, Senior Vice President of Marketing, Communications, and Investor Relations will participate in the Sidoti Small Cap and Noble Capital Markets' Basic Industries virtual equity conferences in September 2024.The Sidoti Small Cap Conference will be a virtual only event on September 18-19, 2024, and AZZ will h ...

AZZ (AZZ) ended the recent trading session at $75.49, demonstrating a -1.36% swing from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.3%. Meanwhile, the Dow lost 0.54%, and the Nasdaq, a tech-heavy index, added 0.25%.Shares of the electrical equipment maker witnessed a gain of 6.16% over the previous month, beating the performance of the Industrial Products sector with its gain of 2.49% and the S&P 500's gain of 3.42%.The investment community will be paying close attent ...