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Acuity Brands (AYI) Reports Q3 Earnings: What Key Metrics Have to Say
AYIAcuity Brands(AYI) ZACKS·2024-06-27 14:31

Acuity Brands (AYI) reported 968.1millioninrevenueforthequarterendedMay2024,representingayearoveryeardeclineof3.2968.1 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 3.75ayearago.Thereportedrevenuerepresentsasurpriseof2.743.75 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 ...