Acuity Brands Earnings: Your Sneak Peek to the Big Announcement

Acuity Brands (NYSE:AYI) will report earnings before markets open on Tuesday, July 2nd. Acuity Brands, Inc. manufactures and sells lighting equipment and chemicals. The Company provides indoor and outdoor lighting equipment for commercial, industrial, outdoor, and residential applications. Acuity also provides a range of chemical products, including industrial and institutional maintenance and sanitation products, pest control products, and lawn and garden products.

Here is your Cheat Sheet to Acuity Brands Earnings:

Earnings Expectations: Analysts expect earnings of $0.88 per share on revenues of $518.76 million. Currently, the company’s P/E ratio stands at 27.36.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.06 to a profit $1.04. For the current year, the average estimate is a profit of $3.22, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Acuity Brands has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 2,027 1,657 1,627 1,796 1,934
Diluted EPS ($) 3.56 2.04 1.80 2.42 2.72

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter May. 31, 2012 Aug. 31, 2012 Nov. 30, 2012 Feb. 28, 2013
Revenue ($) in millions 487.50 514.30 481.10 486.70
Diluted EPS ($) 0.79 0.78 0.61 0.57

Past Performance:
Acuity Brands has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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