Acuity reported quarterly earnings of $5.31 per share, beating the Zacks Consensus Estimate of $5.20 per share by 2.07%. Revenue came in at $1.2 billion, surpassing the consensus estimate by 1.07% and up from $1.18 billion a year ago. The company has now exceeded consensus EPS estimates in all of the last four quarters. Acuity shares have lost about 15.2% year-to-date, while the S&P 500 has gained 7.5%. The current Zacks Rank for the stock is #3 (Hold), with consensus estimates for the coming quarter at $5.46 per share on $1.24 billion in revenue.
Acuity Brands IncAcuity beat Q3 earnings and revenue estimates, exceeding consensus EPS for the fourth consecutive quarter.
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