Market Overview

A Preview Of Acuity Brands's Earnings

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Acuity Brands (NYSE: AYI) will be releasing its next round of earnings this Thursday, October 08. For all of the relevant information, here is your guide for Thursday's Q4 earnings announcement.

Earnings and Revenue

Analysts predict Acuity Brands will report earnings of $2.03 per share on revenue of $828.40 million. In the same quarter last year, Acuity Brands reported EPS of $2.75 on revenue of $938.10 million. The analyst consensus estimate would represent a 26.18% decline in the company's EPS figure. Revenue would have fallen 11.69% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2019
EPS Estimate 1.22 1.94 2.21 2.84
EPS Actual 1.94 1.84 2.13 2.75
Revenue Estimate 741.62 M 810.58 M 874.72 M 1.03 B
Revenue Actual 776.20 M 824.20 M 834.70 M 938.10 M

Stock Performance

Over the last 52-week period, shares are down 5.77%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Acuity Brands is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/uma9xdw2

 

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Posted-In: Earnings