BUZZ-Metal coating company AZZ falls after quarterly results miss
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AZZ Inc's shares fell 4.4% to $101.30 in aftermarket trading after the company reported Q2 results that missed profit and sales estimates. The hot-dip galvanizing and coil coating solutions provider posted an adjusted EPS of $1.55, below the $1.57 expected by analysts, and total sales of $417.3 million, missing the $426.2 million estimate. Despite weaker demand in key segments, AZZ reiterated its FY 2026 forecast for adjusted EPS between $5.75 and $6.25 and annual sales of $1.625 billion to $1.725 billion. The stock has risen 29.3% year-to-date as of Wednesday's close.
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