AZZ Inc. (AZZ) shares have sold off recently creating an excellent value as estimates continue to rise. The electrical component maker also expanded into Canada this year.

Company Description

AZZ Incorporated is an electrical equipment and components manufacturer serving the global growth markets of power generation, transmission and distribution, and industrial markets.

The company is also a provider of hot dip galvanizing services to the steel fabrication market nationwide.

Record-Breaking Quarter

AZZ announced record levels of revenue, earnings, and backlog in its Sep 26 earnings announcement. Revenues spiked 27% to $103.3, the highest in company history.

Earnings for the quarter were 92 cents per share, a 39% year-over-year increase. Net income was an all-time high of $11.3 million.

AZZ's backlog rose to $190.8 million, a 28% gain since the $149.2 million posted in the same quarter last year.

Trumping its Peers

AZZ

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