Acuity beats Q3 EPS estimates, revenue up 22%

Acuity

26/06/2025 11:13

Overview

Lightings products maker Acuity fiscal Q3 net sales rise 22%, beating analyst expectations, per LSEG data

Adjusted EPS for fiscal Q3 up 23%, exceeding estimates, per LSEG data

Net income missed expectations due to special charges in ABL segment

Outlook

Company has not provided specific guidance for future quarters or full year

Result Drivers

INTELLIGENT SPACES GROWTH - AIS segment saw a 249% increase in net sales, largely due to QSC acquisition

SPECIAL CHARGES - ABL segment incurred $29.7 mln in charges for brand eliminations and severance, impacting net income

ADJUSTED PROFIT INCREASE - Adjusted operating profit rose 33%, driven by productivity actions and segment growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.18 bln
$1.15 bln (7 Analysts)
Q3 Adjusted EPS
Beat
$5.12
$4.43 (8 Analysts)
Q3 EPS
$3.12
Q3 Net Income
Miss
$98.40 mln
$141.70 mln (5 Analysts)
Q3 Adjusted Operating Profit
Beat
$222 mln
$186.50 mln (6 Analysts)
Q3 Operating Profit
$139.80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

Wall Street's median 12-month price target for Acuity Inc is $315.00, about 8.7% above its last closing price of $287.49

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nGNX3RHL4q

(This story was created using Reuters automation and AI capabilities based on LSEG and company data. The headline and summary were reviewed by a Reuters journalist prior to publication.)