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

Acuity

05/04/2022 13:33

* Acuity Brands Inc  AYI.N  reported quarterly adjusted
earnings
of $2.57​​ per share for the quarter ended in February. The mean
expectation of ten analysts for the quarter was for earnings of
$2.37 per share.
    * Revenue rose 17.1% to $909.10 million from a year ago; 
analysts
expected $884.62 million. 
    * Acuity Brands Inc's reported EPS for the quarter was
$2.13​.
    * The mean earnings estimate of analysts had risen by
about 4.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Acuity Brands Inc shares had fallen by 2.2% this
quarter and
lost 12.6% so far this year.
    * The company reported quarterly net income of $75.3
million.
    * Wall Street's median 12-month price target for Acuity
Brands Inc
is $233.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 5 at 12:33 p.m.  ​All
figures in US dollars unless otherwise stated