Credit Suisse Maintains Outperform on Acuity Brands, Raises Price Target to $212
Credit Suisse analyst John Walsh maintains Acuity Brands (NYSE:AYI) with a Outperform and raises the price target from $211 to $212.
Return on Capital Employed Insights for Acuity Brands
After pulling data from Benzinga Pro it seems like during Q3, Acuity Brands (NYSE:AYI) earned $118.10 million, a 29.78% increase from the preceding quarter. Acuity Brands also posted a total of $899.70 million in sales, a 15.85% increase since Q2.
Credit Suisse Maintains Outperform on Acuity Brands, Raises Price Target to $211
Credit Suisse analyst John Walsh maintains Acuity Brands (NYSE:AYI) with a Outperform and raises the price target from $206 to $211.
Baird Maintains Outperform on Acuity Brands, Raises Price Target to $220
Baird analyst Timothy Wojs maintains Acuity Brands (NYSE:AYI) with a Outperform and raises the price target from $196 to $220.
Recap: Acuity Brands Q3 Earnings
Shares of Acuity Brands (NYSE:AYI) moved higher by 1.5% in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share increased 42.78% year over year to $2.77, which beat the estimate of $2.27.
Acuity Brands Q3 Adj. EPS $2.77 Beats $2.27 Estimate, Sales $899.70M Beat $839.75M Estimate
Acuity Brands (NYSE:AYI) reported quarterly earnings of $2.77 per share which beat the analyst consensus estimate of $2.27 by 22.03 percent. This is a 42.78 percent increase over earnings of $1.94 per share from the same
Earnings Scheduled For July 1, 2021
Companies Reporting Before The Bell
• Simply Good Foods (NASDAQ:SMPL) is projected to report quarterly earnings at $0.29 per share on revenue of $244.29 million.