Zurn Elkay will announce its second-quarter earnings results this Tuesday after market close. Analysts expect revenue to grow 8.7% year on year, matching the 7.9% increase recorded in the same quarter last year. The company beat revenue expectations last quarter, reporting $433 million, an 11.4% year-on-year rise, along with beats on EBITDA and EPS estimates. Peers Apogee and AZZ have already reported, with Apogee's revenue down 1.1% year on year but beating estimates by 3.4%, and AZZ's revenue up 6.3%, topping estimates by 3.2%. Zurn Elkay shares are down 3.1% over the last month, heading into earnings with an average analyst price target of $56.20 compared to the current share price of $48.38.
Zurn Elkay Water Solutions CorporationZurn Elkay is reporting Q2 earnings; results could beat or miss expectations, but no actual results are given yet.
AZZ Incorporated