AZZ reports record Q2 sales, raises FY2027 guidance and completes Seattle Galvanizing acquisition
AZZ Inc. posted second‑quarter FY2027 results with total sales of $486.9 million, up 16.7% year‑over‑year. Adjusted diluted EPS rose 29.0% to $2.00, while operating income increased 22.4% to $83.8 million. The company announced a FY2027 adjusted EPS outlook of $7.00‑$7.30 and revenue guidance of $1.825‑$1.875 billion, completed the $57.5 million purchase of Seattle Galvanizing, and repurchased 136,303 shares for $20.0 million.
Why it matters
The raised FY2027 guidance signals management’s confidence in continued sales momentum and higher earnings, which may support a higher valuation for the stock (the company expects adjusted EPS of $7.00‑$7.30). The acquisition expands AZZ’s Metal Coatings capacity, potentially enhancing future market share.
Key facts
- 1Total sales were $486.9 million, up 16.7% YoY. prnewswire.com
- 2Metal Coatings sales were $233.5 million, up 22.9% YoY. prnewswire.com
- 3Precoat Metals sales were $253.4 million, up 11.5% YoY. prnewswire.com
- 4Operating income was $83.8 million, up 22.4% YoY. prnewswire.com
- 5Adjusted diluted EPS was $2.00, up 29.0% YoY. prnewswire.com
- 6Adjusted EBITDA was $110.9 million, or 22.8% of sales. prnewswire.com
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.