Acuity Inc Q1 adjusted EPS beats estimates as margins expand

Acuity

08/01/2026 11:10

Overview

Industrial technology firm's fiscal Q1 net sales rose 20% yr/yr, meeting analyst expectations

Adjusted EPS for fiscal Q1 beat analyst expectations

Company repurchased shares and repaid term-loan borrowings

Result Drivers

AIS GROWTH - Acuity Intelligent Spaces segment saw a significant increase in net sales, partly due to the inclusion of QSC performance

ABL PERFORMANCE - Acuity Brands Lighting segment reported modest growth in net sales and operating profit

MARGIN IMPROVEMENT - Adjusted operating profit margin increased, particularly in the AIS segment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net sales
Meet
$1.14 bln
$1.14 bln (6 Analysts)
Q1 Adjusted EPS
Beat
$4.69
$4.59 (7 Analysts)
Q1 EPS
$3.82
Q1 Net Income
$120.50 mln
Q1 Adjusted Operating Profit
Beat
$196 mln
$184.88 mln (6 Analysts)
Q1 Operating Profit
$160.40 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "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 $406.50, about 9.9% above its January 7 closing price of $369.79

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nGNX9VwFWt

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)