Acuity Brands Inc expected to post earnings of $3.59 a share - Earnings Preview

Acuity

30/09/2022 11:02

* Acuity Brands Inc  AYI.N   AYI  is expected to show a rise
in
quarterly revenue when it reports  results on October 4. 
    * The Atlanta Georgia-based  company is expected to report 
a
8.7% increase in revenue to $1.079 billion from $992.7 million a
year ago, according to the mean estimate from 9 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Acuity Brands Inc
is for
earnings of $3.59 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Acuity
Brands Inc
is $190​, above​ its last closing price of $154.19. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 May. 31 2022  2.99        2.96       3.52      Beat    19
 Feb. 28 2022  2.43        2.37       2.57      Beat    8.3
 Nov. 30 2021  2.44        2.41       2.85      Beat    18.5​
 Aug. 31 2021  2.85        2.85       3.27      Beat    14.6
 ​​May.        2.28        2.27       2.77      Beat    22.1
 31 2021                                                
 Feb. 28 2021  1.82        1.73       2.12      Beat    22.8​
 Nov. 30 2020  1.89        1.84       2.03      Beat    10.1
 Aug. 31 2020  2.07        2.03       2.35      Beat    15.8
 This summary was machine generated September 30 at 10:01 GMT. 
All figures in US dollars  unless otherwise stated