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AYI, RYAAY and CTBI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 19, 2023.
TCOM, YMAB, ZUO, DELL and AYI have been added to the Zacks Rank #1 (Strong Buy) List on April 19, 2023.
DELL, AZZ and AYI made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 19, 2023.
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Acuity Brands has a scalable business model and is targeting a double-digit growing market. Recent acquisitions indicate potential inorganic growth for AYI. The incorporation of artificial intelligence capabilities could lead to improved lighting experiences and performance.
Acuity Brands (AYI) reports impressive second-quarter fiscal 2024 results, courtesy of solid ISG net sales and improved ABL segment margins.
While the top- and bottom-line numbers for Acuity Brands (AYI) give a sense of how the business performed in the quarter ended February 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Acuity Brands (AYI) came out with quarterly earnings of $3.38 per share, beating the Zacks Consensus Estimate of $3.11 per share. This compares to earnings of $3.06 per share a year ago.
Acuity Brands' (AYI) fiscal second-quarter performance is likely to have ailed from softness in the ABL segment amid cost improvement.
Acuity Brands (AYI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.