Acuity Brands(AYI)
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Acuity Brands(AYI) - 2024 Q2 - Earnings Call Transcript
2024-04-03 15:55
Acuity Brands, Inc. (NYSE:AYI) Q2 2024 Results Conference Call April 3, 2024 8:00 AM ET Company Participants Charlotte McLaughlin - Vice President of Investor Relations Neil Ashe - Chairman, President & Chief Executive Officer Karen Holcom - Senior Vice President & Chief Financial Officer Conference Call Participants Joe O'Dea - Wells Fargo Ryan Merkel - William Blair Christopher Glynn - Oppenheimer & Company Jeffrey Sprague - Vertical Research Bobby Schultz - Baird Chris Snyder - UBS Jeff Osborne - TD Cowe ...
Acuity Brands (AYI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-04-03 14:31
Acuity Brands (AYI) reported $905.9 million in revenue for the quarter ended February 2024, representing a year-over-year decline of 4%. EPS of $3.38 for the same period compares to $3.06 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $897.01 million, representing a surprise of +0.99%. The company delivered an EPS surprise of +8.68%, with the consensus EPS estimate being $3.11.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...
Acuity Brands (AYI) Surpasses Q2 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-03 12:11
Acuity Brands (AYI) came out with quarterly earnings of $3.38 per share, beating the Zacks Consensus Estimate of $3.11 per share. This compares to earnings of $3.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.68%. A quarter ago, it was expected that this lighting maker would post earnings of $3.09 per share when it actually produced earnings of $3.72, delivering a surprise of 20.39%.Over the last four quarters, the compa ...
Acuity Brands(AYI) - 2024 Q2 - Quarterly Results
2024-04-03 11:21
Press Release Exhibit 99.1 Investor Contact: Charlotte McLaughlin Vice President, Investor Relations (404) 853-1456 investorrelations@acuitybrands.com Media Contact: April Appling Vice President, Corporate Communications corporatecommunications@acuitybrands.com Acuity Brands Reports Fiscal 2024 Second-Quarter Results Solid Execution Continues Delivering Margin Expansion and EPS Growth ■ Delivered Net Sales of $906M, a 4% Decline Compared to the Prior Year ■ Grew Operating Profit to $118M, up 6% Over the Pri ...
Acuity Brands(AYI) - 2024 Q2 - Quarterly Report
2024-04-03 11:17
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ Form 10-Q _____________________________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 29, 2024. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number 001-16583. _____ ...
Acuity Brands (AYI) to Post Q2 Earnings: Factors to Consider
Zacks Investment Research· 2024-04-01 16:00
Acuity Brands, Inc. (AYI) is scheduled to announce second-quarter fiscal 2024 results on Apr 3, before the opening bell.In the last reported quarter, the company’s adjusted earnings topped the Zacks Consensus Estimate by 20.4% and increased 13.1% year over year. The top line also beat the consensus mark by 1.1% but decreased 6.3% from the prior year.Acuity Brands beat earnings expectations in the trailing 15 quarters.Trend in Estimate RevisionFor the quarter to be reported, the Zacks Consensus Estimate for ...
Acuity Brands (AYI) is a Top-Ranked Growth Stock: Should You Buy?
Zacks Investment Research· 2024-03-14 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sc ...
Why Acuity Brands (AYI) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-03-12 14:50
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?Dev ...
Acuity Brands to Announce Fiscal 2024 Second Quarter Results on April 3, 2024
Newsfilter· 2024-03-06 21:30
ATLANTA, March 06, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) (the "Company") today announced that it is planning to release its fiscal 2024 second quarter results on Wednesday, April 3, 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 lead the call. The webcast, earnings release, and supplemental presentation can be accessed via the Investor Relations section of the Company's website at ...
Here's Why Acuity Brands (AYI) is a Strong Value Stock
Zacks Investment Research· 2024-02-26 15:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed a ...