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AYI Acuity News Story

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Acuity Inc reports results for the quarter ended May 31 - Earnings Summary

Acuity Inc AYI.N reported quarterly adjusted earnings of $5.12​​ per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of $4.15.  The mean expectation of eight analysts for the quarter was for earnings of $4.43 per share. Wall Street expected results to range from $4.03  to $4.65 per share.

Revenue rose 21.7% to $1.18 billion from a year ago; analysts expected $1.15 billion.

Acuity Inc's reported EPS for the quarter was $3.12​.

The company reported quarterly net income of $98.4 million.

Acuity Inc shares had risen by 9.2% this quarter and lost 1.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 4.9% in the last three months.​

In the last 30 days, there have been no negative revisions of 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 $315.00, about 8.7% above its last closing price of $287.49

This summary was machine generated from LSEG data June 26 at 11:00 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
May. 31 20254.435.12Beat
Feb. 28 20253.703.73Beat
Nov. 30 20243.893.97Beat
Aug. 31 20244.284.30Beat

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