Acuity Brands(AYI)
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Acuity Brands(AYI) - 2024 Q3 - Quarterly Results
2024-06-27 19:30
Press Release Exhibit 99.1 Investor Contact: Charlotte McLaughlin Vice President, Investor Relations (404) 853-1456 investorrelations@acuitybrands.com Media Contact: April Appling Vice President, Corporate Communications corporatecommunications@acuitybrands.com Acuity Brands Reports Fiscal 2024 Third-Quarter Results Solid Execution Delivers Operating Margin Expansion, EPS Growth and Strong Operating Cash Flow ■ Delivered Net Sales of $968M, a 3% Decline Compared to the Prior Year ■ Grew Operating Profit to ...
Acuity Brands(AYI) - 2024 Q3 - Quarterly Report
2024-06-27 19:22
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ Form 10-Q _____________________________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2024. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number 001-16583. __________ ...
Acuity Brands Reports Fiscal 2024 Third-Quarter Results
Newsfilter· 2024-06-27 18:00
Delivered Net Sales of $968M, a 3% Decline Compared to the Prior Year Grew Operating Profit to $145M, up 1% Over the Prior Year; Adjusted Operating Profit of $167M, up 3% Over the Prior Year Reported Diluted EPS of $3.62, up 10% Over the Prior Year; Adjusted Diluted EPS of $4.15, up 11% Over the Prior Year Generated $445M in Year-to-Date Cash Flow from Operations ATLANTA, June 27, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) (the "Company"), a market-leading industrial technology company, announc ...
Acuity Brands Reports Fiscal 2024 Third-Quarter Results
GlobeNewswire News Room· 2024-06-27 18:00
Delivered Net Sales of $968M, a 3% Decline Compared to the Prior Year Grew Operating Profit to $145M, up 1% Over the Prior Year; Adjusted Operating Profit of $167M, up 3% Over the Prior Year Reported Diluted EPS of $3.62, up 10% Over the Prior Year; Adjusted Diluted EPS of $4.15, up 11% Over the Prior Year Generated $445M in Year-to-Date Cash Flow from Operations ATLANTA, June 27, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE:AYI) (the "Company"), a market-leading industrial technology company, announc ...
Acuity Brands Declares Quarterly Dividend
Newsfilter· 2024-06-27 04:10
Atlanta, June 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Acuity Brands, Inc. (NYSE:AYI, ", Company", ))) today declared a quarterly dividend of 15 cents per share. The dividend is payable on August 1, 2024, to shareholders of record on July 18, 2024. About Acuity Brands Acuity Brands, Inc. (NYSE:AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, Acuity Brands Lighting and Lighti ...
Acuity Brands (AYI) to Report Q3 Earnings: Factors to Note
ZACKS· 2024-06-24 23:10
Acuity Brands, Inc. (AYI) is scheduled to announce third-quarter fiscal 2024 results on Jun 27, before the opening bell. In the last reported quarter, the company’s adjusted earnings topped the Zacks Consensus Estimate by 8.7% and increased 10.5% year over year. The top line also beat the consensus mark by 1% but decreased 4% from the prior year. Acuity Brands beat earnings expectations in the trailing 16 quarters. Trend in Estimate Revision For the quarter to be reported, the Zacks Consensus Estimate for e ...
Countdown to Acuity Brands (AYI) Q3 Earnings: Wall Street Forecasts for Key Metrics
ZACKS· 2024-06-24 22:15
Analysts on Wall Street project that Acuity Brands (AYI) will announce quarterly earnings of $4.20 per share in its forthcoming report, representing an increase of 12% year over year. Revenues are projected to reach $1.02 billion, increasing 1.6% from the same quarter last year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Ahead of a company's earn ...
7 Underestimated Stocks Poised for an Underdog Uprising
Investor Place· 2024-06-20 19:15
Investors can overlook underestimated stocks to buy for various reasons. In many cases, some inherent flaw or fundamental issue makes their underestimated status apparent. Those issues, in turn, prevent institutional and retail investors alike from stockpiling shares, no matter how cheaply they trade. But when underestimated stocks are worth buying, they tend to be some of the market's top performers and can drive your overall portfolio's returns by a massive margin. The best undervalued stocks to buy compr ...
3 Best Stocks to Buy for Investors Building a Brands Portfolio: 2024 Edition
Investor Place· 2024-06-20 01:01
Every now and again, I like to write about the best brand stocks to buy. However, the subject of the article is not necessarily what you might guess it’s about. You’re probably thinking it’s about great brands like Nike (NYSE:NKE) or Lululemon (NASDAQ:LULU). While they are just that, they do not have the word “brands” in their corporate name. My most recent attempt to identify the best stocks to buy for building a “brands” portfolio was last September. The three names: Yum! Brands (NYSE:YUM), Fortune Brands ...
Why Acuity Brands (AYI) is a Top Value Stock for the Long-Term
zacks.com· 2024-05-20 22:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Z ...