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

Acuity

30/06/2022 12:01

* Acuity Brands Inc  AYI.N  reported quarterly adjusted
earnings
of $3.52​​ per share for the quarter ended in May. The mean
expectation of nine analysts for the quarter was for earnings of
$2.96 per share.
    * Revenue rose 17.9% to $1.06 billion from a year ago; 
analysts
expected $985.42 million. 
    * Acuity Brands Inc's reported EPS for the quarter was
$3.07​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Acuity Brands Inc shares had fallen by 17.7% this
quarter and
lost 26.4% so far this year.
    * The company reported quarterly net income of $105.7
million.
    * Wall Street's median 12-month price target for Acuity
Brands Inc
is $200.50 
    * 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 June 30 at 11:01 a.m.  ​All
figures in US dollars unless otherwise stated