Acuity Brands Beat Expectations

Acuity Brands (AYI) reported earnings of $3.76 per share on revenue of $1.01 billion for the fiscal second quarter ended February 2025. The consensus earnings estimate was $3.67 per share on revenue of $1.03 billion. The Earnings Whisper number was $3.73 per share. The company beat expectations by 0.80% while revenue grew 11.08% on a year-over-year basis.

The company said in its >a href="https://investors.acuityinc.com/static-files/21b4715d-05e4-40fd-9f1c-4ef96392e1a4">earnings presentation it continues to expect fiscal 2025 non-GAAP earnings of $16.50 to $18.00 per share on revenue of $4.30 billion to $4.50 billion. The current consensus earnings estimate is $16.81 per share on revenue of $4.40 billion for the year ending August 31, 2025.

Acuity Brands Inc is engaged in designing, producing and distributing lighting solutions, components, and services for commercial, institutional, industrial, infrastructure, and residential applications throughout North America and international markets.