AZZ - Why Metal Coating Services Company AZZ Shares Are Gaining Today | Benzinga
AZZ Inc (NYSE: AZZ) reported third-quarter FY24 sales growth of 2.22% year-on-year to $381.61 million, beating the analyst consensus estimate of $374.73 million.
Metal Coating sales rose 3.1% to $163.2 million and Precoat Metals sales climbed 1.6% to $218.4 million.
Gross profit for the quarter increased 20.6% to $88.1 million. Operating income rose 16.4% to $52.8 million, and the operating margin was 13.8%.
Adjusted EBITDA was $86.4 million or 22.6% of sales, ...