Acuity Brands Reports Fiscal 2022 Fourth-Quarter and Full-Year Results

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Acuity Brands (AYI) PT Lowered to $208 at Cowen

October 4, 2022 4:57 PM EDT

Cowen analyst Jeffrey Osborne lowered the price target on Acuity Brands (NYSE: AYI) to $208.00 (from $225.00) while maintaining an Outperform rating following results.

The analyst commented, "Demand remained strong, resulting in revenue growth of ~12% y/y during F4Q22, but component costs... More

Acuity Brands (AYI) Tops Q4 EPS by 34c

October 4, 2022 6:04 AM EDT

Acuity Brands (NYSE: AYI) reported Q4 EPS of $3.95, $0.34 better than the analyst estimate of $3.61. Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.08 billion.

For earnings history and earnings-related data on Acuity Brands (AYI) click here.

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