06:21 AM EDT, 07/10/2025 (MT Newswires) -- AZZ (AZZ) lifted its full-year bottom-line outlook as it reported fiscal first-quarter earnings above market expectations, even though its revenue fell short of estimates.

The metal and coil coatings company now anticipates adjusted earnings to come in between $5.75 and $6.25 per share for fiscal 2026, it said late Wednesday, up from its previous guidance of $5.50 to $6.10. The current consensus on FactSet is for non-GAAP EPS of $5.88.

"We are on track to set new profitability records in fiscal year 2026 as we continue to execute on our strategic plans," Chief Executive Tom Ferguson said in a statement.

AZZ continues to project sales of $1.63 billion to $1.73 billion for the ongoing fiscal year, while the Street is looking for $1.68 billion.

For the three months through May, the company's adjusted EPS rose to $1.78 from $1.46 the year before, topping the average analyst estimate on FactSet of $1.58. Sales improved 2.1% to about $422 million, but trailed the Street's view for $434.4 million.

Sales in the metal coatings segment increased 6% to $187.2 million in the quarter, buoyed by volume gains and infrastructure project-related spending in several end markets, including construction and industrial, the company said. The precoat metals business edged down 0.8% to $234.7 million due to lower volume in certain markets, such as construction and appliance.

"While volumes were slightly lower for precoat metals, customer demand improved, as shipments of customer inventories increased compared to first quarter of last year," according to Ferguson.

Selling, general and administrative expenses rose to $34.6 million from $32.9 million in the prior-year period.