Acuity Brands: Q1 Earnings Insights

Acuity Brands AYI reported its Q1 earnings results on Tuesday, January 9, 2024 at 06:05 AM.

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

Earnings

Acuity Brands beat estimated earnings by 15.17%, reporting an EPS of $3.72 versus an estimate of $3.23.

Revenue was down $63.20 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.25 which was followed by a 0.0% increase in the share price the next day.

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

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 3.72 3.71 2.72 3
EPS Actual 3.97 3.75 3.06 3.29
Revenue Estimate 1.02B 1.05B 958.47M 984.46M
Revenue Actual 1.01B 1.00B 943.60M 997.90M

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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