AZZ Q1 Earnings and Revenues Surpass Estimates, Rise Y/Y

AZZ Inc. (AZZ) reported first-quarter fiscal 2025 (ended May 31, 2024) adjusted earnings of $1.46 per share, which surpassed the Zacks Consensus Estimate of$1.31. The bottom line increased 28.1% year over year.On a reported basis, the company’s loss was $1.38 per share. Notably, it incurred expenses of$75.2 million related to the redemption premium payment on series A preferred stock.AZZ’s total sales of $413.2 million beat the consensus estimate of$401 million. Also, the top line increased 5.7% year ove ...