What Analyst Projections for Key Metrics Reveal About Acuity Brands (AYI) Q2 Earnings

Core Insights - Acuity Brands (AYI) is expected to report quarterly earnings of $3.67 per share, reflecting a year-over-year increase of 8.6% [1] - Anticipated revenues for the quarter are projected to be $1.03 billion, representing a 13.4% increase compared to the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' projections [1] Revenue Estimates - Analysts forecast that revenues from the Intelligent Spaces Group (ISG) will reach $172.15 million, marking a significant year-over-year increase of 152.8% [4] - The consensus estimate for revenues from Acuity Brands Lighting (ABL) is $861.87 million, indicating a modest year-over-year change of 2.2% [4] Profit Estimates - The consensus estimate for adjusted operating profit from the Intelligent Spaces Group is $25.60 million, up from $14.30 million reported in the same quarter last year [5] - Analysts predict that adjusted operating profit for Acuity Brands Lighting will be $148.14 million, compared to $136.40 million in the previous year [5] Stock Performance - Acuity Brands shares have decreased by 11.8% over the past month, contrasting with a 6.2% decline in the Zacks S&P 500 composite [5] - The company holds a Zacks Rank of 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [5]