AZZ Q2'26 Earnings: revenue estimate is 463.44M USD

S&P Global Ratings upgraded AZZ Incorporated's issuer credit rating to 'BB' from 'BB-', citing rapid debt reduction and improved leverage. The company's adjusted debt fell from $1.3B to $550M, with $300M reduced in fiscal 2026. S&P expects 6% revenue growth this year, led by a 12% expansion in the Metal Coatings segment. AZZ is resuming acquisitions and increasing capital expenditures.

AZZ Inc. raised its fiscal year guidance, expecting sales of $1.8B-$1.85B, adjusted EBITDA of $375M-$415M, and adjusted diluted EPS of $6.75-$7.15. The company cited demand in grid modernization, data centers, and infrastructure as growth drivers. AZZ also announced debt reduction and capital investments, including a new coil-coating plant and expanded galvanizing capacity. According to the company, it plans to continue organic growth, acquisitions, and shareholder returns.

AZZ Inc. (NYSE: AZZ) said it acquired 100% of Seattle Galvanizing Company Inc., a privately held hot-dip and spin galvanizing provider in Arlington, Washington. Terms were not disclosed. AZZ expects the deal to be accretive to earnings in the first year and will add the sites to its Metal Coatings network, raising galvanizing sites to 43.

Premarket movers included AstraZeneca, down 8% after its heart disease drug Wainua missed a late-stage trial target. PepsiCo fell 1% after Q2 adjusted EPS of $2.20 missed $2.21 consensus, while revenue beat. Salesforce and Stellantis slid on downgrades. Levi dropped on weaker Q3 guidance. AZZ rose on earnings and revenue beats; Cerebras gained on European expansion; Costco fell on slower June comps.

AZZ (NYSE:AZZ) reported Q2 CY2026 revenue of $448.5 million, up 6.3% year on year, exceeding market expectations. Full-year revenue guidance midpoint is $1.83 billion, 4.3% above analysts’ estimates. Non-GAAP profit was $1.85 per share, 9.6% above consensus. The stock rose about 7.4% to $154.18 after results.

AZZ Inc. (NYSE: AZZ) reported fiscal 2027 first-quarter results for the quarter ended May 31, 2026. Total sales rose 6.3% to $448.5 million, with Metal Coatings up 12.3% and Precoat Metals up 1.5%. GAAP diluted EPS was $1.72, down 69.6%, while adjusted diluted EPS was $1.85, up 3.9%. The company generated $37.1 million in operating cash flow and raised fiscal 2027 guidance.