AZZ (NYS: AZZ) reported earnings on April 8. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Feb. 28 (Q4), AZZ missed slightly on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue expanded. Non-GAAP earnings per share dropped. GAAP earnings per share grew significantly.


Gross margins expanded, operating margins dropped, net margins were steady.

Revenue details
AZZ logged revenue of $140.4 million. The five analysts polled by S&P Capital IQ predicted sales of $142.9 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $123.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.45. The five earnings estimates compiled by S&P Capital IQ predicted $0.48 per share. Non-GAAP EPS of $0.45 for Q4 were 2.2% lower than the prior-year quarter's $0.46 per share. GAAP EPS of $0.52 for Q4 were 16% higher than the prior-year quarter's $0.45 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 27.1%, 90 basis points better than the prior-year quarter. Operating margin was 14.8%, 140 basis points worse than the prior-year quarter. Net margin was 9.4%, much about the same as the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $201.6 million. On the bottom line, the average EPS estimate is $0.66.

Next year's average estimate for revenue is $873.3 million. The average EPS estimate is $2.96.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 794 members out of 815 rating the stock outperform, and 21 members rating it underperform. Among 201 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 197 give AZZ a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on AZZ is buy, with an average price target of $51.00.

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The article The Gory Details on AZZ's Double Miss originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of AZZ. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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