Acuity Inc reports results for the quarter ended February 28 - Earnings Summary

Acuity

03/04/2025 12:46

Acuity Inc AYI.N reported quarterly adjusted earnings of $3.73​​ per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of $3.38.  The mean expectation of eight analysts for the quarter was for earnings of $3.70 per share. Wall Street expected results to range from $3.59  to $3.89 per share.

Revenue rose 11.1% to $1.01 billion from a year ago; analysts expected $1.03 billion.

Acuity Inc's reported EPS for the quarter was $2.45​.

The company reported quarterly net income of $77.5 million.

Acuity Inc shares had risen by 1.2% this quarter and lost 8.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2.3% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction supplies & fixtures peer group is also "buy"

Wall Street's median 12-month price target for Acuity Inc is $322.50

This summary was machine generated from LSEG data April 3 at 11:45 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Feb. 28 2025
3.70
3.73
Beat
Nov. 30 2024
3.89
3.97
Beat
Aug. 31 2024
4.28
4.30
Beat
May. 31 2024
4.07
4.15
Beat