Lighting products maker Acuity's Q4 revenue rises 17%

Acuity

01/10/2025 11:11

Overview

Acuity fiscal Q4 net sales rise 17%, missing analyst expectations, per LSEG data

Adjusted EPS for fiscal Q4 beats analyst estimates, per LSEG data

Adjusted operating profit for fiscal Q4 beats analyst estimates, per LSEG data

Result Drivers

NET SALES GROWTH - Acuity's net sales rose 17% in Q4, driven by strong performance in its Intelligent Spaces segment

ADJUSTED EPS INCREASE - Adjusted EPS increased 21% to $5.20, attributed to improved operating performance

PENSION SETTLEMENT - A non-cash pension settlement charge of $30.9 mln impacted results, partially offset by a one-time tax benefit

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$1.21 bln
$1.23 bln (7 Analysts)
Q4 Adjusted EPS
Beat
$5.2
$4.84 (8 Analysts)
Q4 EPS
$3.61
Q4 Net Income
$114 mln
Q4 Adjusted Operating Profit
Beat
$225.30 mln
$197.10 mln (6 Analysts)
Q4 Operating Profit
$180.60 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 4 "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 $356.56, about 3.4% above its September 30 closing price of $344.39

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nGNXXMnT5

(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.)