Acuity Brands Stock News

ATLANTA, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Today, Acuity Brands, Inc. (NYSE: AYI) ("Acuity," “Company”), a market-leading industrial technology company, released its annual EarthLIGHT Report highlighting many of its Fiscal Year 2024 Environmental, Social, and Governance (ESG) accomplishments and sharing progress on certain strategic priorities.

Atlanta, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Acuity Brands to Announce Fiscal 2025 First-Quarter Results on January 9, 2025

COSTA MESA, Calif.--(BUSINESS WIRE)-- #qsys--Acuity acquires QSC, LLC, expanding into Cloud-Manageable Audio, Video & Controls, enhancing spaces with smarter, safer, and greener technologies.

Expanding Intelligent Spaces Addressable Market into Cloud-Manageable Audio, Video & Control Platform with Broad Applications Expanding Intelligent Spaces Addressable Market into Cloud-Manageable Audio, Video & Control Platform with Broad Applications

I reiterate my buy rating for Acuity Brands, Inc. due to expected near-term growth supported by strong data points and a solid balance sheet. AYI's 4Q24 results showed revenue of $1.03 billion, driven by growth in ABL and ISG segments, with strong gross and adj EBIT margins. Favorable macroeconomic trends and rising demand for data centers are expected to drive AYI's growth, supported by a robu...

The stock of Acuity Brands (AYI, Financial) saw an upswing today as its price reached $303.79, marking a 1.93% increase. This boost comes on the heels of the company releasing impressive fiscal fourth-quarter 2024 results, fostering strong investor confidence.

Between the company's strong recent performance and its encouraging outlook, investors are excited about Acuity Brands stock.

Acuity Brands, Inc. (NYSE:AYI ) Q4 2024 Earnings Conference Call October 1, 2024 8:00 AM ET Company Participants Charlotte McLaughlin - VP, IR Neil Ashe - Chairman, President & CEO Karen Holcom - SVP & CFO Conference Call Participants Tim Wojs - Baird Christopher Glynn - Oppenheimer Joe O'Dea - Wells Fargo Brian Lee - Goldman Sachs & Company Operator Good morning and welcome to Acuity Brands Fi...