Loading...
•
Feb 29, 2024
Acuity Brands Q2 2024 Earnings Report
Acuity Brands reported solid execution, delivering margin expansion and EPS growth.
Key Takeaways
Acuity Brands reported a decrease in net sales by 4% to $906 million, but increased operating profit by 6% to $118 million. Diluted EPS increased by 11% to $2.84. The company generated $293M in year-to-date cash flow from operations.
Net sales were $906M, a 4% decline compared to the prior year.
Operating profit grew to $118M, up 6% over the prior year; adjusted operating profit of $140M, up 6% over the prior year.
Diluted EPS was $2.84, up 11% over the prior year; adjusted diluted EPS of $3.38, up 11% over the prior year.
Generated $293M in Year-to-Date cash flow from operations
Revenue by Segment
Forward Guidance
No forward guidance was provided in the earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...