Acuity Brands, Inc. (NYSE:AYI) producer of diversified electronic products, is reporting third quarter earnings results on Tuesday 30th June 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 1.22 per share from $ 741.62 million in revenue.
For the full year, analysts predict revenues of $ 3209.30 million, while looking forward to income of $ 7.05 per share.
Stock Performance
According to the previous trading day, closing price of AYI was $ 89.33, representing a 32.42 % increase from the 52 week low of $ 67.46 and a 37.77 % decrease over the 52 week high of $ 143.55.
The company has a market capital of $ 3.54 billion and is part of the Technology sector and Diversified Electronics industry.
Recent Analyst recommendations
On 18th June 2020, maintained by Robert W. Baird at Neutral rating, with $ 95.00 target price.
On 16th June 2020, downgraded by Goldman Sachs Group to Sell from Neutral rating
On 9th June 2020, downgraded by JMP Securities to Market Perform from Market Outperform rating
On 8th June 2020, upgraded by Oppenheimer to Outperform from Perform rating
Recent Stock Dividend Announcement
On March 27, 2020, the board of directors authorized quarterly dividend of $ 0.13 per share to holders of record as of the close of business on April 17, 2020, with payment date of May 1, 2020 and ex-dividend date on April 16, 2020.
Conference Call
Acuity Brands, Inc. will be hosting a conference call at 10:00 AM eastern time on 30th June 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/sn6p7rpt
Acuity Brands, Inc. provides lighting and building management solutions and services for commercial, institutional, industrial, infrastructure, and residential applications in North America and internationally. The company offers lighting and control products and solutions, including recessed, surface, and suspended lighting; down, decorative, emergency and exit, track, day, special-use, street and roadway, parking garage, underwater, area pedestrian, flood, decorative site, and landscape lighting; occupancy sensors; photo controls; relay panels; architectural dimming panels; and integrated lighting controls systems.
