Acuity Brands(US:AYI) ZACKS·2026-01-07 18:45Core Insights - Acuity Brands, Inc. (AYI) is set to announce its first-quarter fiscal 2026 results on January 8, with expectations of year-over-year growth in both earnings and revenues supported by strong performance in its segments [1][3][8] Financial Performance - In the last reported quarter, adjusted earnings exceeded the Zacks Consensus Estimate by 10.6% and increased by 20.9% year over year, while revenues grew by 17.2% but missed the consensus by 0.3% [1] - The Zacks Consensus Estimate for the upcoming quarter's earnings per share (EPS) is $4.45, reflecting a 12.1% increase from $3.97 in the same quarter last year, with revenues expected to reach $1.13 billion, a 19.2% increase year over year [2][8] Segment Analysis - The Acuity Brands Lighting (ABL) segment, which contributed 83.1% to fiscal 2025 net sales, is projected to see revenues rise by 2.6% year over year to $909.3 million, although demand conditions are described as tepid [5] - The Acuity Intelligent Spaces (AIS) segment is expected to experience significant growth, with revenues forecasted to surge by 219.8% year over year to $235.1 million, driven by organic growth from products like Atrius, Distech, and QSC [9] Strategic Initiatives - The company is focusing on developing market-leading solutions and expanding its healthcare portfolio, with new product launches such as the Care Collection and Nightingale range contributing to its performance [4] - Management has implemented permanent restructuring and operating expense actions to maintain a leaner cost base, which is expected to help offset softer volumes and seasonal effects [6] Cost Management and Profitability - Cost-control actions, organizational optimization, and productivity gains are anticipated to support profitability despite challenges from higher tariff costs [10] - The adjusted EBITDA margin is expected to increase to 18.1% in the fiscal first quarter from 18% a year ago, indicating improved operational efficiency [12]