Atlanta, June 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Acuity Brands, Inc. (NYSE:AYI, ", Company", ))) today declared a quarterly dividend of 15 cents per share. The dividend is payable on August 1, 2024, to shareholders of record on July 18, 2024. About Acuity Brands Acuity Brands, Inc. (NYSE:AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, Acuity Brands Lighting and Lighti ...

Acuity Brands, Inc. (AYI) is scheduled to announce third-quarter fiscal 2024 results on Jun 27, before the opening bell.In the last reported quarter, the company’s adjusted earnings topped the Zacks Consensus Estimate by 8.7% and increased 10.5% year over year. The top line also beat the consensus mark by 1% but decreased 4% from the prior year.Acuity Brands beat earnings expectations in the trailing 16 quarters.Trend in Estimate RevisionFor the quarter to be reported, the Zacks Consensus Estimate for earni ...

Analysts on Wall Street project that Acuity Brands (AYI) will announce quarterly earnings of $4.20 per share in its forthcoming report, representing an increase of 12% year over year. Revenues are projected to reach $1.02 billion, increasing 1.6% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead of a company's earnin ...

Investors can overlook underestimated stocks to buy for various reasons. In many cases, some inherent flaw or fundamental issue makes their underestimated status apparent. Those issues, in turn, prevent institutional and retail investors alike from stockpiling shares, no matter how cheaply they trade.But when underestimated stocks are worth buying, they tend to be some of the market’s top performers and can drive your overall portfolio’s returns by a massive margin. The best undervalued stocks to buy compri ...

Every now and again, I like to write about the best brand stocks to buy. However, the subject of the article is not necessarily what you might guess it’s about. You’re probably thinking it’s about great brands like Nike (NYSE:NKE) or Lululemon (NASDAQ:LULU). While they are just that, they do not have the word “brands” in their corporate name. My most recent attempt to identify the best stocks to buy for building a “brands” portfolio was last September. The three names: Yum! Brands (NYSE:YUM), Fortune Brands ...

Finding overlooked stocks (worth investing in) is tough in today's market. While you can screen for micro-caps, pink sheet stocks, and similar speculative investments, most of the best blue-chip and long-term stocks are wellknown and heavily invested in. Still, a handful of overlooked stocks remain viable, even as tight economic conditions force investors to stack cash or go with reliable index investing. These overlooked stocks blend growth, stability and income while spanning multiple market caps and inve ...

ATLANTA, May 30, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) (the "Company") today announced that it is planning to release its fiscal 2024 third quarter results on Thursday, June 27, 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 www ...

ATLANTA, May 30, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”) today announced that it is planning to release its fiscal 2024 third quarter results on Thursday, June 27, 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 ww ...

Investors might want to bet on Acuity Brands (AYI) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a chan ...

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.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?The Zacks ...