Acuity Brands (NYSE:AYI) saw its stock rise 1.5 percent in pre-market trade after the firm released its third-quarter earnings.
Quarterly Findings
Earnings per share climbed 42.78 percent year over year to $2.77, beating the $2.27 consensus estimate.
Revenue of $899,700,000 was up 15.91 percent year over year, beating the $839,750,000 projection.
For the time being, Acuity Brands hasn’t provided any earnings guidance.
For the time being, the company has not provided revenue guidance.
Call Specifications
1st of July, 2021
10:00 a.m. Eastern Time https://edge.media-server.com/mmc/p/etwy7g5x/etwy7g5x/etwy7g5x/etwy7g5x/etwy7g5x/e
Technicals
$194.59 is the 52-week high.
The 52-week low for the company was $87.12.
Last quarter’s price movement: 12.43 percent increase
Company Description
Acuity Brands Lighting and other subsidiaries of Acuity Brands Inc produce lighting products for commercial, institutional, industrial, and residential applications. Luminaires, lighting controllers, lighting components, and integrated lighting systems with many light sources are among these goods. Electrical distributors, electric utilities, retail home improvement outlets, and lighting showrooms are among the company’s clients. The United States generates the majority of the firm’s revenue./n
