AZZ Inc. Reports Strong Q3 2026 Earnings and Adjusts FY26 Guidance
AZZ Incorporated, the U.S.‑based metal‑finishing service provider, released its fiscal year 2026 third‑quarter results on 7 January 2026. The company posted revenue of $425.8 million, an increase of $22.1 million (5.5 %) over the same quarter in the prior year. Earnings per share (EPS) rose to $1.36 USD, up from $1.12 USD year‑ago, while the adjusted EPS of $1.52 USD surpassed expectations by $0.04 USD.
Dividend Announcement
On the same day, AZZ declared a $0.20 per share cash dividend for the fiscal year 2026 third quarter. The dividend was announced via multiple outlets, including Investing.com, Seeking Alpha, and FeedBurner feeds, confirming the company’s commitment to returning value to shareholders.
Guidance Update
On 8 January 2026, the company narrowed its full‑year 2026 EPS guidance to a range of $5.90–$6.20 USD. The update emphasized anticipated growth in its core metal coatings and precoat metals segments. While revenue and EBITDA forecasts were not disclosed in the guidance update, analysts noted that the company’s recent earnings beat may lead to a modest upward revision of its revenue outlook.
Market Reaction
Following the earnings release, AZZ’s shares traded with a +6.56 % gain on MarketScreener, reflecting investor confidence in the company’s performance and outlook. The price target for the day, set by Wells Fargo analyst Timna Tanners, was raised to $127 USD, a notable increase from the pre‑earnings level of $117.04 USD. The upward revision coincided with a rise in AZZ’s relative strength rating, which surpassed the 80‑point threshold according to Investor’s Business Daily.
Strategic Moves
During the earnings call, AZZ’s management discussed its intent to pursue acquisitions to expand its service offerings and market reach. The company’s strategy appears focused on leveraging its expertise in galvanizing and coil coating to meet the growing demand for high‑quality metal finishes in infrastructure and equipment.
Financial Snapshot
| Item | 2026‑Q3 | 2025‑Q3 | Change |
|---|---|---|---|
| Revenue | $425.8 M | $403.7 M | +$22.1 M (5.5 %) |
| EPS | $1.36 USD | $1.12 USD | +$0.24 USD |
| Adjusted EPS | $1.52 USD | – | +$0.04 USD |
| Full‑year 2026 EPS guidance | $5.90–$6.20 USD | – | – |
AZZ’s market capitalization stands at $3.3 billion, with a price‑to‑earnings ratio of 10.67. The company’s 52‑week high and low are $120.00 and $70.90, respectively, indicating a strong upward trajectory in share price.
Conclusion
AZZ Inc.’s third‑quarter earnings demonstrate continued growth in revenue and earnings, supporting the company’s revised guidance and reinforcing its strategy of expansion through acquisitions. The positive market response, coupled with an elevated price target from a prominent brokerage, suggests that investors view the company’s performance favorably as it continues to capitalize on demand for advanced metal finishing solutions.
