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Shuman Glenn & Stecker announces that it is investigating potential shareholder claims against certain officers and directors of Acuity Brands, Inc. (“Acuity” or the “Company”) (NYSE: AYI ). Acuity provides lighting products to commercial and residential cus...
The markets typically care more about margins than revenue … until they don’t. While Acuity Brands ( AYI ) once again did well on the margin lines, the market seemed more than just spooked by the severe year-over-year erosion in volume. I’d also assume that the weaker ca...
Image source: The Motley Fool. Acuity Brands Inc (NYSE: AYI) Q1 2020 Earnings Call Jan 9, 2020 , 10:00 a.m. ET Operator Continue reading
In my preview of lighting and controls manufacturer Acuity Brand 's (NYSE: AYI) first-quarter fiscal 2020 earnings, I suggested that investors should expect volatility around the release. The market did, in fact, respond sharply to Thursday's report: Shares had tumbled almost 13% by mi...
Acuity Brands, Inc. (AYI) Q1 2020 Earnings Conference Call January 09, 2020, 10:00 ET Company Participants Pete Shannin - IR Vernon Nagel - Chairman & CEO Karen Holcom - SVP & CFO Conference Call Participants John Walsh - Crédit Suisse Josh Chan - Robert W. B...
Acuity Brands ( AYI -10.3% ) says that though it expected Q1 sales to be down, the decline was greater than previously forecasted due to weaker than expected market demand; the company also experienced lower activity of large projects. More news on: Acuity Brands, Inc., Earnings news a...
Acuity Brands (NYSE: AYI ): Q1 Non-GAAP EPS of $2.13 misses by $0.08 ; GAAP EPS of $1.44 misses by $0.51 . More news on: Acuity Brands, Inc., Earnings news and commentary, Tech stocks news, Read more ...
ATLANTA, Jan. 09, 2020 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (“Company”) today announced fiscal 2020 first quarter net sales of $834.7 million, a decrease of 10.5 percent compared with the year-ago period. Operating profit for the first quarter of fiscal ...
Atlanta, Jan. 08, 2020 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”) announced today that Neil M. Ashe will become its next President and Chief Executive Officer (“CEO”) effective January 31, 2020. Additionally, the Board of Direct...
Las Vegas, Jan. 07, 2020 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) announces today the Juno AI™ smart home downlight is now compatible with SmartThings , an industry leader for IoT technology and home connectivity. Debuting the connectivity at CES 2020 , Juno AI...
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2024-06-28 07:00:09 ET Joseph O'Dea from Wells Fargo issued a price target of $260.00 for AYI on 2024-06-28 05:39:00. The adjusted price target was set to $260.00. At the time of the announcement, AYI was trading at $242.51. The overall price target consensus is at $296....
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Delivered Net Sales of $968M , a 3% Decline Compared to the Prior Year Grew Operating Profit to $145M , up 1% Over the Prior Year; Adjusted Operating Profit of $167M , up 3% Over the Prior Year Reported Diluted EPS of $3.62 ...