Acuity Brands Reports Fiscal 2020 Third Quarter Results

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Go back to Acuity Brands Reports Fiscal 2020 Third Quarter Results

Acuity Brands (AYI) PT Raised to $122 at Cowen Following 3Q

July 1, 2020 9:19 AM EDT

Cowen analyst Jeffrey Osborne raised the price target on Acuity Brands (NYSE: AYI) to $122.00 (from $115.00) while maintaining a Outperform rating following the company's 3Q earnings report. Revenue of $776.2mn was above the consensus of $741.6mn. Adjusted EPS came in at $1.94 vs. the Street's forecast of... More

Acuity Brands (AYI) PT Raised to $96 at Baird Following 3Q Beat

July 1, 2020 8:40 AM EDT

Baird analyst Timothy Wojs raised the price target on Acuity Brands (NYSE: AYI) to $96.00 (from $95.00) while maintaining a Neutral rating following the company's 3Q earnings report. AYI reported EPS of $1.94 compared with the consensus estimate of $1.22. Revenue was $776m, coming in ahead of the... More

Acuity Brands (AYI) Tops Q3 EPS by 72c, Revenues Beat

June 30, 2020 8:43 AM EDT

Acuity Brands (NYSE: AYI) reported Q3 EPS of $1.94, $0.72 better than the analyst estimate of $1.22. Revenue for the quarter came in at $776 million versus the consensus estimate of $741.62 million.

Neil Ashe, President and Chief Executive Officer of Acuity Brands, commented, Our company performed well in this challenging... More