Boosting Expectations: Acuity Brands Outperforms EPS but Slightly Misses Revenue Projection in Q2 2024

By: Alex Freidmen

AYI stock - AYI Stock Earnings: Acuity Brands Beats EPS, Misses Revenue for Q2 2024

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Acuity Brands (NYSE:AYI) recently unveiled its performance for the second quarter of 2024.

  • Exceeding expectations, Acuity Brands reported earnings per share of $3.38, surpassing the anticipated EPS of $3.25 by analysts.
  • The company’s revenue for the quarter stood at $905.90 million.
  • This figure fell slightly below the forecasted revenue of $907.75 million by a margin of 0.20%.

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