This story originally appeared on Zacks
AZZ (AZZ) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.80 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 3.66%. A quarter ago, it was expected that this electrical equipment maker would post earnings of $0.65 per share when it actually produced earnings of $0.76, delivering a surprise of 16.92%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
AZZ, which belongs to the Zacks Manufacturing – Electronics industry, posted revenues of $231.74 million for the quarter ended November 2021, missing the Zacks Consensus Estimate by 5.10%. This compares to year-ago revenues of $226.62 million. The company has topped consensus revenue estimates…