Acuity Gears Up For Q3 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Group 1 - Acuity Inc. is set to release its third-quarter earnings results on June 26, with expected earnings of $4.43 per share, a significant increase from $0.62 per share in the same period last year [1] - The company projects quarterly revenue of $1.15 billion, a decrease from $6.81 billion a year earlier [1] Group 2 - In the fiscal second quarter of 2025, Acuity Brands reported net sales growth of 11.1% year over year, totaling $1.01 billion, which fell short of the analyst consensus estimate of $1.03 billion [2] - Following the earnings report, Acuity shares increased by 1.3%, closing at $284.44 [2] Group 3 - Analyst Timothy Wojs from Baird maintained a Neutral rating and raised the price target from $295 to $315 [5] - Wells Fargo analyst Joseph O'Dea kept an Equal-Weight rating and increased the price target from $275 to $285 [5] - Oppenheimer analyst Christopher Glynn maintained an Outperform rating and raised the price target from $370 to $380 [5]