Acuity Brands, Inc. (AYI) Q4 2024 Earnings Call Transcript
Acuity Brands, Inc. (NYSE:AYI ) Q4 2024 Earnings Conference Call October 1, 2024 8:00 AM ET Company Participants Charlotte McLaughlin - VP, IR Neil Ashe - Chairman, President & CEO Karen Holcom - SVP & CFO Conference Call Participants Tim Wojs - Baird Christopher Glynn - Oppenheimer Joe O'Dea - Wells Fargo Brian Lee - Goldman Sachs & Company Operator Good morning and welcome to Acuity Brands Fiscal 2024 Fourth Quarter Earnings Call. At this time all participants are in a listen-only mode.
Acuity Brands (AYI) Q4 Earnings and Revenues Beat Estimates
Acuity Brands (AYI) came out with quarterly earnings of $4.30 per share, beating the Zacks Consensus Estimate of $4.19 per share. This compares to earnings of $3.97 per share a year ago.
Acuity Brands Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Acuity Brands, Inc. AYI will release earnings results for its fourth quarter, before the opening bell on Tuesday, Oct. 1.
Acuity Brands Gears Up for Q4 Earnings: Things to Keep in Mind
AYI's fiscal fourth-quarter performance is likely to have ailed from softness in the ABL segment, given the difficult year-over-year comparison amid margin improvement.
Ahead of Acuity Brands (AYI) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Acuity Brands (AYI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended August 2024.
Acuity Brands: Inching Closer To An Upgrade As Earnings Near
Acuity Brands' revenue continues to decline, but bottom line metrics like net income and EBITDA show improvement, driven by a strong net cash position. Despite better-than-expected earnings, the stock is down 2.3% while the S&P 500 is up 9.3%, and the firm offers limited upside potential at current valuations. The company is rewarding shareholders through dividends and significant stock buybacks, enhancing shareholder value.
Here's Why You Should Retain Acuity Brands (AYI) Stock Now
Focus on product innovation and efficient execution of growth-driving strategies aid Acuity Brands (AYI). Yet, high costs and economic uncertainties hurt growth prospects.
Acuity Brands: Growth Should Recover In The Coming Quarters
Temporary growth slowdown is due to labor shortages and tough y/y comps. AYI's healthy backlog and macro data suggest demand remains healthy. Despite negative growth, AYI continues to show solid margin improvements.
Acuity Brands (AYI) Q3 Earnings Top Estimates, Revenues Lag
Acuity Brands (AYI) reports mixed third-quarter fiscal 2024 results, courtesy of solid ISG net sales and lower contributions from the ABL segment.
Acuity Brands (AYI) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for Acuity Brands (AYI) give insight into how the company performed in the quarter ended May 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Acuity Brands (AYI) Q3 Earnings Surpass Estimates
Acuity Brands (AYI) came out with quarterly earnings of $4.15 per share, beating the Zacks Consensus Estimate of $4.10 per share. This compares to earnings of $3.75 per share a year ago.
Acuity Brands (AYI) to Report Q3 Earnings: Factors to Note
Acuity Brands' (AYI) fiscal third-quarter performance is likely to have ailed from softness in the ABL segment, given the difficult year-over-year comparison amid margin improvement.
