Acuity Q3 revenue beats estimates on AIS segment growth

Acuity

25/06/2026 11:12

Overview
Industrial technology firm's fiscal Q3 net sales rose 2%, beating analyst expectations
Adjusted EPS for fiscal Q3 beat consensus, rising 4% year-over-year
Company generated strong cash flow and repurchased $230 mln in shares year to date

Outlook
Company did not provide specific financial guidance for the current quarter or full year in the press release 

Result Drivers
AIS SEGMENT GROWTH - Strong sales and profit growth in Acuity Intelligent Spaces offset declines in the lighting segment
ABL SEGMENT DECLINE - Lower sales and adjusted operating profit in Acuity Brands Lighting weighed on overall results

Company press release: ID:nGNXPV6bf

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net sales
Beat
$1.20 bln
$1.18 bln (7 Analysts)
Q3 Adjusted EPS
Beat
$5.31
$5.19 (8 Analysts)
Q3 EPS
 
$4.56
 
Q3 Net Income
 
$141 mln
 
Q3 Adjusted Operating Profit
Beat
$224 mln
$212.46 mln (6 Analysts)
Q3 Operating Profit
 
$193.30 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 $331.39, about 8.5% above its June 24 closing price of $305.51
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 15 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)