Acuity Brands (NYSE:AYI) reported its Q3 earnings results on Thursday, June 29, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Acuity Brands beat estimated earnings by 1.08%, reporting an EPS of $3.75 versus an estimate of $3.71.
Revenue was down $61.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.34 which was followed by a 0.86% drop in the share price the next day.
Here’s a look at Acuity Brands’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 2.72 | 3 | 3.58 | 2.96 |
| EPS Actual | 3.06 | 3.29 | 3.95 | 3.52 |
| Revenue Estimate | 958.47M | 984.46M | 1.08B | 985.42M |
| Revenue Actual | 943.60M | 997.90M | 1.11B | 1.06B |
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.
