Acuity Brands Inc reports results for the quarter ended in August - Earnings Summary

Acuity

04/10/2022 13:40

* Acuity Brands Inc  AYI.N  reported quarterly adjusted
earnings
of $3.95​​ per share for the quarter ended in August. The mean
expectation of nine analysts for the quarter was for earnings of
$3.59 per share.
    * Revenue rose 11.8% to $1.11 billion from a year ago;
analysts
expected $1.08 billion. 
    * Acuity Brands Inc's reported EPS for the quarter was
$3.48​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Acuity Brands Inc shares had risen by 1.4% this
quarter and
lost 24.6% so far this year.
    * The company reported quarterly net income of $115.4
million.
    * Wall Street's median 12-month price target for Acuity
Brands Inc
is $190.00 
    * 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." 

This summary was machine generated from Refinitiv data October 4
at 12:39 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2022      3.59           3.95           Beat
 May. 31 2022      2.96           3.52           Beat
 Feb. 28 2022      2.37           2.57           Beat
 Nov. 30 2021      2.41           2.85           Beat