AZZ Inc. Raises Fiscal 2027 Outlook After Record Quarterly Sales

The company’s performance for the quarter ending May 31, 2026, was anchored by its two primary business units. Metal Coatings saw sales climb 12.3% to $210.3 million, buoyed by strong demand in construction and infrastructure projects. Meanwhile, Precoat Metals achieved record first-quarter sales of $238.2 million, supported by price adjustments and increased output at the company’s Washington, Missouri facility.

CEO Tom Ferguson noted that disciplined execution allowed the firm to post an adjusted diluted EPS of $1.85, a 3.9% increase over the previous year. Despite a cooling in certain end markets like HVAC and appliances, management expressed confidence in their trajectory, citing a robust balance sheet and a net leverage ratio of 1.4x. Based on these results, AZZ has lifted its fiscal year 2027 sales guidance to a range of $1.80 billion to $1.85 billion, with adjusted EBITDA projections now set between $375 million and $415 million.