Acuity Brands: Fiscal Q4 Earnings Snapshot
By AP News
Published - Oct 01, 2024, 06:17 AM ET
Last Updated - Dec 16, 2024, 06:46 PM EST
ATLANTA (AP) — ATLANTA (AP) — Acuity Brands Inc. (AYI) on Tuesday reported fiscal fourth-quarter profit of $118.9 million.
The Atlanta-based company said it had net income of $3.77 per share. Earnings, adjusted for one-time gains and costs, came to $4.30 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.19 per share.
The lighting maker posted revenue of $1.03 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $1.01 billion.
