Acuity Brands (NYSE: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.
