Acuity Brands (NYSE:AYI – Get Free Report) posted its earnings results on Tuesday. The electronics maker reported $4.30 EPS for the quarter, topping the consensus estimate of $3.90 by $0.40, Briefing.com reports. The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.02 billion. Acuity Brands had a net margin of 10.12% and a return on equity of 20.97%. Acuity Brands’s quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.74 EPS. Acuity Brands updated its FY25 guidance to $16.00-17.50 EPS.
Acuity Brands Stock Up 0.3 %
Shares of Acuity Brands stock opened at $300.21 on Thursday. Acuity Brands has a 12-month low of $156.84 and a 12-month high of $303.04. The firm has a market capitalization of $9.24 billion, a PE ratio of 24.41, a price-to-earnings-growth ratio of 1.77 and a beta of 1.41. The company has a quick ratio of 2.15, a current ratio of 2.77 and a debt-to-equity ratio of 0.22. The stock’s fifty day moving average is $250.76 and its 200-day moving average is $253.78.
Acuity Brands Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Friday, October 18th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.20%. The ex-dividend date is Friday, October 18th. Acuity Brands’s dividend payout ratio is presently 4.88%.
Analyst Ratings Changes
Get Our Latest Stock Report on AYI
About Acuity Brands
Acuity Brands, Inc provides lighting, lighting controls, building management system, location-aware applications in the United States and internationally. The company operates in two segments, Acuity Brands Lighting and Lighting Controls (ABL); and the Intelligent Spaces Group (ISG). The ABL segment provides commercial, architectural, and specialty lighting solutions, as well as lighting controls and components for various indoor and outdoor applications under the A-Light, Aculux, American Electric Lighting, Cyclone, Dark to Light, eldoLED, Eureka, Gotham, Healthcare Lighting, Holophane, Hydrel, Indy, IOTA, Juno, Lithonia Lighting, Luminaire LED, Luminis, Mark Architectural Lighting, nLight, OPTOTRONIC, Peerless, RELOCWiring Solutions, and Sensor Switch.
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