Acuity Brands(AYI)
Search documents
Acuity Brands: Inching Closer To An Upgrade As Earnings Near
Seeking Alpha· 2024-09-22 15:09
In early April of this year, I reported on the management team at Acuity Brands (NYSE: AYI ) announcing financial results covering the second quarter of the company's 2024 fiscal year. In that article , I acknowledgedCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of ...
Acuity Brands to Announce Fiscal 2024 Fourth-Quarter and Full-Year Results on October 1, 2024
GlobeNewswire News Room· 2024-09-05 20:15
Atlanta, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Acuity Brands to Announce Fiscal 2024 Fourth-Quarter and Full-Year Results on October 1, 2024 Atlanta, September 5, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”) today announced that it is planning to release its fiscal 2024 fourth-quarter and full-year results on Tuesday, October 1, 2024 at 6:00 a.m. (EST), followed by a conference call at 8:00 a.m. (EST). Neil Ashe, Chairman, President, and Chief Executive Officer of Acuity Brands will ...
Here's Why You Should Retain Acuity Brands (AYI) Stock Now
ZACKS· 2024-08-13 16:16
Acuity Brands, Inc. (AYI) is benefiting from innovation across its diversified product portfolio. Also, its focus on Intelligent Spaces Group (ISG), accompanied by the strategic execution of other initiatives like cost-savings and in-organic steps, is encouraging.Shares of this manufacturer and distributor of lighting fixtures and related components have risen 37.3% in the past year compared with the Zacks Building Products - Lighting industry’s growth of 32.3% and the Zacks Construction sector’s increase o ...
Acuity Brands Appoints Sach Sankpal to Lead Lighting Business
Newsfilter· 2024-07-30 20:15
ATLANTA, July 30, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) ("Acuity"), a market-leading industrial technology company, announced that Sach Sankpal, SVP and Chief Growth and Transformation Officer, has been appointed as President of Acuity Brands Lighting and Lighting Controls ("ABL"). "Since joining Acuity two years ago, Sach has been a positive influence on our performance and our culture," stated Neil Ashe, Chairman, President and CEO of Acuity Brands, Inc. "He brings over 30 years of exper ...
Acuity Brands Appoints Sach Sankpal to Lead Lighting Business
GlobeNewswire News Room· 2024-07-30 20:15
ATLANTA, July 30, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (“Acuity”), a market-leading industrial technology company, announced that Sach Sankpal, SVP and Chief Growth and Transformation Officer, has been appointed as President of Acuity Brands Lighting and Lighting Controls (“ABL”). “Since joining Acuity two years ago, Sach has been a positive influence on our performance and our culture,” stated Neil Ashe, Chairman, President and CEO of Acuity Brands, Inc. “He brings over 30 years of expe ...
Acuity Brands (AYI) Q3 Earnings Top Estimates, Revenues Lag
ZACKS· 2024-06-28 16:10
Acuity Brands, Inc. (AYI) reported mixed results in third-quarter fiscal 2024 (ended May 31, 2024), with earnings surpassing the Zacks Consensus Estimate and revenues missing the same. Earnings beat the consensus mark for the 17th consecutive quarter.Despite a year-over-year decline in sales in the lighting business, AYI reported strong fiscal third-quarter performance driven by increased focus on margins and cash generation. This approach resulted in a higher adjusted operating profit margin and increased ...
Acuity Brands(AYI) - 2024 Q3 - Earnings Call Transcript
2024-06-27 14:35
Acuity Brands, Inc. (NYSE:AYI) Q3 2024 Earnings Conference Call June 27, 2024 8:00 AM ET Company Participants Charlotte McLaughlin - VP, IR Neil Ashe - Chairman, President & CEO Karen Holcom - SVP & CFO Conference Call Participants Christopher Glynn - Oppenheimer Ryan Merkel - William Blair Tim Wojs - Baird Joe O'Dea - Wells Fargo Jeffrey Sprague - Vertical Research Operator Good morning, and welcome to the Acuity Brands Fiscal 2024 Third Quarter Earnings Call. At this time, all participants are in a listen ...
Acuity Brands(AYI) - 2024 Q3 - Earnings Call Presentation
2024-06-27 14:35
STITCH from A-Light FISCAL 2024 THIRD QUARTER RESULTS JUNE 27, 2024 FORWARD LOOKING STATEMENTS This presentation and related conference call Statements that describe or relate to the These risks and uncertainties are discussed in and webcast include “forward-looking Company’s plans, goals, intentions, strategies, ourfilingswiththeU.S.SecuritiesandExchange statements” within the meaning of Section 27A or financial outlook, and statements that do not Commission, including our most recent annual of the Securit ...
Acuity Brands (AYI) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-06-27 14:31
Acuity Brands (AYI) reported $968.1 million in revenue for the quarter ended May 2024, representing a year-over-year decline of 3.2%. EPS of $4.15 for the same period compares to $3.75 a year ago.The reported revenue represents a surprise of -2.74% over the Zacks Consensus Estimate of $995.41 million. With the consensus EPS estimate being $4.10, the EPS surprise was +1.22%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...
Acuity Brands (AYI) Q3 Earnings Surpass Estimates
ZACKS· 2024-06-27 12:11
Acuity Brands (AYI) came out with quarterly earnings of $4.15 per share, beating the Zacks Consensus Estimate of $4.10 per share. This compares to earnings of $3.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.22%. A quarter ago, it was expected that this lighting maker would post earnings of $3.11 per share when it actually produced earnings of $3.38, delivering a surprise of 8.68%.Over the last four quarters, the compan ...