Acuity Brands Q4 2024 Adj. EPS $4.30 Beats $4.28 Estimate, Sales $1.032B Beat $1.024B Estimate
Portfolio Pulse from Benzinga Newsdesk
Acuity Brands reported its Q4 2024 financial results, with adjusted EPS of $4.30, surpassing the estimate of $4.28. The company's sales also exceeded expectations, reaching $1.032 billion compared to the estimated $1.024 billion.
October 01, 2024 | 10:01 am
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Acuity Brands' Q4 2024 results exceeded expectations with an adjusted EPS of $4.30 and sales of $1.032 billion, both beating estimates.
Acuity Brands' better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
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IMPORTANCE 90
RELEVANCE 100