acuity brands

A new calendar quarter has begun, but the new earnings season does not kick off until Alcoa (NYSE: AA) reports its first-quarter results on April 10, followed shortly thereafter by reports from JP Morgan (NYSE: JPM) and Wells Fargo (NYSE: WFC). This week, the most prominent reports will come from...

The new earnings season kicks off this week when aluminum producer Alcoa (NYSE: AA) reports fourth-quarter results on Monday. JPMorgan Chase (NYSE: JPM) also is scheduled to post fourth-quarter results this week, and so is homebuilder Lennar (NYSE: LEN). Supermarket chain operator Supervalu (NYSE:...

Though the calendar page has turned, things will be fairly quiet again this week on the earnings front. The new earnings season does not kick off until Alcoa (NYSE: AA) posts its third-quarter results on October 10, followed shortly thereafter by PepsiCo (NYSE: PEP) and JPMorgan (NYSE: JPM). This...

Oppenheimer is out with its report today on Acuity Brands (NYSE: AYI), maintaining Perform. In a note to clients, Oppenheimer writes, "AYI produced solid top-line performance, with over 12% top-line growth, including over 8% organic (price and volume), with earnings roughly in line, as growth...

As the calendar quarter winds down this week, S&P 500 components scheduled to report quarterly results include Family Dollar Stores, General Mills, Monsanto and Nike. Analysts on average are expecting to see year-over-year earnings growth from each of them. Here are the consensus per-share...

According to Oppenheimer, Acuity Brands (NYSE: AYI) shares have taken a particularly notable hit. Oppenheimer said that the shares are down over 4% Wednesday on heavy volume and traded down as much as 4% Thursday before finishing flat on the day, in what appeared to be a reaction to Philips...

Wedbush Securities has lowered the price target on Acuity Brands (NYSE: AYI) from $46 to $44 and maintains its Neutral rating.

Wedbush has issued a report on Acuity Brands' second quarter preview. Wedbush writes, "We forecast 2Q11 (Feb.) revenue/EPS of $412.7m/$0.55 vs. consensus estimates of $410.5m/$0.50. We include around $12m from the October 2010 acquisition of Winona in our forecast. Our 2Q11 estimates are above...

Oppenheimer has downgraded Acuity Brands, Inc. (NYSE: AYI) from Outperform to Perform and maintains its $59 price target.