Acuity Brands Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Acuity Brands, Inc. (NYSE:AYI) is set to release its Q4 earnings on Oct. 1, with expectations of increased earnings per share and revenue compared to last year. Analysts have recently adjusted their price targets, reflecting mixed sentiments. The company declared a quarterly dividend of 15 cents per share.
September 30, 2024 | 10:56 am
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Acuity Brands is expected to report higher Q4 earnings and revenue. Analysts have mixed views, with some raising and others lowering price targets. The company declared a 15-cent dividend.
The expected increase in earnings and revenue is positive for AYI, likely boosting investor confidence. The mixed analyst ratings suggest some uncertainty, but the overall sentiment leans positive. The dividend declaration adds to the stock's attractiveness.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100