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Shares of Acuity Brands (NYSE:AYI) moved higher by 3.0% in pre-market trading after the company reported Q2 results.
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Quarterly Results
Earnings per share were up 15.22% year over year to $2.12, which beat the estimate of $1.73.
Revenue of $776,600,000 declined by 5.78% year over year, which missed the estimate of $776,990,000.
Looking Ahead
Acuity Brands hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
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Details Of The Call
Date: Mar 31, 2021
Time: 10:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/5m4xcjy9
Price Action
52-week high: $148.64
Company's 52-week low was at $70.55
Price action over last quarter: Up 29.31%
Company Profile
Acuity Brands Inc is the parent company of Acuity Brands Lighting and other subsidiaries, which provide lighting products for commercial, institutional, industrial, and residential applications. These products include luminaires, lighting controls, lighting components, and integrated lighting systems that use a combination of light sources. Customers include electrical distributors, electric utilities, retail home improvement centers, and lighting showrooms. A majority of the firms' revenue is generated in the United States.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.