Acuity Brands Gears Up for Q4 Earnings: Things to Keep in Mind

Acuity Brands, Inc. (AYI) is scheduled to announce fourth-quarter fiscal 2024 results on Oct. 1, before the opening bell.In the last reported quarter, the company’s adjusted earnings topped the Zacks Consensus Estimate by 1.2% and increased 10.7% year over year. The top line, however, missed the consensus mark by 2.7% and decreased 3% from the prior year.Acuity Brands beat earnings expectations in the trailing 17 quarters.How Are Estimates Placed for AYI?For the quarter to be reported, the Zacks Consensus E ...