Acuity Brands Inc Earnings Report Preview For Wednesday's Release (AYI)
Acuity Brands Inc (NYSE:AYI) is due to report earnings before the opening bell on April 04, 2012. Below we can see the results of Acuity Brands Inc over the last few earnings periods.
Who They Are:
Acuity Brands, Inc., through its subsidiaries, engages in the design, production, and distribution of lighting solutions and services in North America and internationally. The company was founded in 2001 and is based in Atlanta, Georgia. Acuity Brands Inc shares trade an average of 234,000 shares per day and has a marketcap of $2.6 Billion.
Book Value: $18.46
Float Short: 5.88%
What To Expect:
On average, 11 analysts are expecting a drop of $-0.13 in earnings per share compared to last quarter's results of $0.74. Investors will be looking to see a number north of $0.61 per share based on the earnings estimates.
Currently, $0.58 on the low end and $0.68 per share on the high side is what market participants are anticipating in the report.
Here is a look at the fiscal year revenue for Acuity Brands Inc.
Recent Stock and Valuation Performance:
The current trailing twelve months P/E ratio is 24.2. The forward P/E ratio is 19.94.
Looking at the price movement over the last month, the stock has moved higher in price 5.21%, and 7.42% from one year ago.
The stock is performing better than the overall market with a relative gain. When comparing to the S&P 500, the year to date difference is 5.85%.
Management has provided an improvement of year-over-year revenue. Revenue reported was $1.80 billion for 2011 vs. $1.63 billion for 2010. The bottom line has rising earnings year-over-year of $105.50 million for 2011 vs. $79.60 million for 2010.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $188.70 million for 2011 vs. $157.70 million for 2010. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure the bottom line is keeping up with the top line.
Here are the last few quarters to get an idea how well they perform compared to estimates
Reported earnings per share compared to the mean estimate. Differences are rounded.
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