Acuity Brands Q3 2024 GAAP EPS $3.62 Misses $3.68 Estimate, Sales $968.100M Miss $1.009B Estimate
Portfolio Pulse from Benzinga Newsdesk
Acuity Brands reported its Q3 2024 earnings, with GAAP EPS of $3.62 missing the $3.68 estimate and sales of $968.1 million falling short of the $1.009 billion estimate.
June 27, 2024 | 10:01 am
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Acuity Brands reported lower-than-expected Q3 2024 earnings, with GAAP EPS of $3.62 missing the $3.68 estimate and sales of $968.1 million falling short of the $1.009 billion estimate.
The earnings miss on both EPS and sales is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100