Acuity Brands (NYSE: AYI ) is expected to report Q1 earnings on Jan. 8. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Acuity Brands's revenues will expand 5.1% and EPS will increase 8.1%.
The average estimate for revenue is $498.5 million. On the bottom line, the average EPS estimate is $0.80.
Last quarter, Acuity Brands chalked up revenue of $514.3 million. GAAP reported sales were 3.6% higher than the prior-year quarter's $496.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.88. GAAP EPS of $0.77 for Q4 were 2.5% lower than the prior-year quarter's $0.79 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 41.8%, 140 basis points better than the prior-year quarter. Operating margin was 13.1%, 190 basis points better than the prior-year quarter. Net margin was 6.5%, 40 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.05 billion. The average EPS estimate is $3.53.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 194 members out of 210 rating the stock outperform, and 16 members rating it underperform. Among 74 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 71 give Acuity Brands a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Acuity Brands is hold, with an average price target of $62.15.
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