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0.000536665772223661 0.000287499520834088 -0.00452332579445704 -0.0115191474680875 -0.0135699773833711 -0.00923831793613687 -0.013014144976425 -0.00791582014029976
Stock impact report

Industrial Tech Firm Acuity's Stock Sinks on Soft Results, 'Uncertainty' Warning [Yahoo! Finance]

Acuity Brands, Inc. (AYI) 
Last acuity brands, inc. earnings: 4/2 08:39 am Check Earnings Report
US:NYSE Investor Relations: acuitybrands.com/investors
Company Research Source: Yahoo! Finance
Thursday after the industrial technology company's fiscal second-quarter revenue and profit came up short of analysts' estimates. The firm, which uses technology to "solve problems in spaces, light and more things to come," posted GAAP earnings per share (EPS) that fell 14% year-over-year to $2.45 on net sales of $1.01 billion. Analysts polled by Visible Alpha were expecting $3.14 and $1.03 billion, respectively. Adjusted EPS of $3.73 narrowly beat estimates. Acuity Brands Lighting segment net sales ticked 0.3% lower to $840.6 million. Acuity Intelligent Spaces sales soared more than 150% to $171.5 million, including $95.1 million from two months of results after closing its $1.2 billion acquisition of QSC, a "cloud-manageable audio, video and control platform." Acuity adjusted its fiscal 2025 outlook in January for the impending QSC acquisition, but did not alter it Thursday. "As we look forward, there is obviously uncertainty in the marketplace specifically with regards to t Show less Read more
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