Acuity Brands: Q3 Earnings Insights

Acuity Brands AYI reported its Q3 earnings results on Thursday, June 29, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Acuity Brands beat estimated earnings by 1.08%, reporting an EPS of $3.75 versus an estimate of $3.71.

Revenue was down $61.00 million from the same period last year.

Last quarter the company beat on EPS by $0.34 which was followed by a 0.86% drop in the share price the next day.

Here's a look at Acuity Brands's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	2.72	3	3.58	2.96
EPS Actual	3.06	3.29	3.95	3.52
Revenue Estimate	958.47M	984.46M	1.08B	985.42M
Revenue Actual	943.60M	997.90M	1.11B	1.06B

To track all earnings releases for Acuity Brands visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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