Analysts are closely scrutinizing AZZ Inc. (NYSE: AZZ) as the company prepares to disclose its second-quarter financial results. Expectations suggest a notable increase in both earnings per share and revenue compared to the prior year. This financial update follows the recent approval by the Board of Directors for a quarterly cash dividend. The company's stock experienced a slight downturn recently, highlighting the market's anticipation and the impact of revised analyst forecasts on its valuation.
AZZ Inc. is scheduled to release its second-quarter earnings on Wednesday, October 8, after market close. Financial experts are forecasting earnings of $1.57 per share, an uptick from $1.37 in the same period last year. Furthermore, the company's revenue is predicted to reach $426.55 million, an increase from $409.01 million reported a year ago, according to data compiled by Benzinga Pro.
In a related development, on October 2, AZZ’s Board of Directors declared a cash dividend of 20 cents per share for the second quarter. This move often signals a company's financial health and commitment to returning value to shareholders. Following these announcements, AZZ shares closed at $108.37 on Friday, marking a slight decline of 0.7%.
Several leading financial analysts have updated their ratings and price targets for AZZ Inc. in the preceding months. For instance, Lucas Pipes of B. Riley Securities maintained a Buy rating and raised his price target from $131 to $140 in September 2025. Stephen Richardson from Evercore ISI Group also upheld an Outperform rating, increasing the price target from $90 to $108 in July 2025. Conversely, John Franzreb of Sidoti & Co. downgraded the stock from Buy to Neutral, setting a price target of $101 in June 2025. Other analysts, such as Gerry Sweeney of Roth MKM and Laurance Alexander of Jefferies, have also provided their perspectives, initiating coverage or adjusting price targets, reflecting a diverse range of expert opinions on AZZ’s future performance.
With the impending earnings release, investors and market observers are keenly watching AZZ Inc. The revisions in analyst outlooks, coupled with the dividend announcement and recent stock movements, suggest an active period for the company. The forthcoming financial report will provide further clarity on AZZ's operational and financial trajectory.