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Acuity Brands Inc   (AYI)
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Acuity Brands Inc

AYI's Financial Statements and Analysis



Acuity Brands Inc reported in the second quarter of 2024 net earnings per share of $2.84 an increase by 10.51 % year on year from $2.57 and decline of -11.53 % from $3.21 earned in I. Quarter (Nov 30 2023).


second quarter of 2024
Earnings Per Share Revenues
$ 2.84 $  905 Mill
$+0.27     +10.51 % $-38M     -4.05 %



Acuity Brands Inc 's Revenue fell by -4.05 % in second quarter of 2024 (Feb 29 2024) year on year, to $905 million and declined by -3.1 % sequentially.


Acuity Brands Inc is

More on AYI's Income Statement



Acuity Brands Inc 's net income of $89.200 million in the second quarter of 2024 increased by 7.21 % from net earnings of $83.200 million achieved in II. Quarter a year ago.

Sequentially net earnings fell by -11.33 % from net income of $100.600 million realized in previous quarter.

More on AYI's Growth

Acuity Brands Inc Inventories
Inventories declined by -13.89 % to $375.80 million from II. Quarter a year ago, sequentially inventories rose by 2.87 %. AYI's Cash flow In the second quarter of 2024 company's net cash flow was $66 million, capital expenditures grew by -17.4-17.24%, to $-14 millions compare to same quarter a year ago

More on AYI's Cash flow Statement


Acuity Brands Inc payed out dividend of $0.54 per share in last 52 weeks representing 5.71 % of net earning per share in trailing twelve-month period.

During the same period Acuity Brands Inc earned $ 17.97 cash per share, on a free-cash flow basis 189.98 % of net earning per share.

Book value grew by 4.03 % sequentially to $68.46 per share, 87.99% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 18.78 per share from $ 15.79.

Company issued 0.03 million shares or 0.11 % in Feb 29 2024.
Debt Coverage Ratio was 0.99.

More on AYI's Dividends

 Market Capitalization (Millions) 7,751
 Shares Outstanding (Millions) 31
 Total Debt (Millions $) 496
 Revenue (TTM) (Millions $) 3,851
 Net Income (TTM) (Millions $) 378
 Cash Flow (TTM) (Millions $) 240
 Capital Exp. (TTM) (Millions $) -60
 Dividend TTM ($) 0.54 $
 Dividend Yield TTM (%) 0.24 %
 Employees (TTM) $ 11,800




Acuity Brands Inc payed out dividend of $0.54 per share in the last 52 weeks representing 5.71 % of net earning per share in trailing twelve-month period.

During the same period Acuity Brands Inc had $ 17.97 cash flow per share, on a free-cash flow basis 189.98 % of net earning per share.

Book value grew by 4.03 % sequentially to $68.46 per share, 87.99% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 18.78 per share from $ 15.79.

Company issued 0.03 million shares or 0.11 % in Feb 29 2024.
Debt Coverage Ratio was 0.99.

More on AYI's Balance Sheets

 Market Capitalization (Millions) 7,751
 Shares Outstanding (Millions) 31
 Total Debt (Millions $) 496
 Revenue (TTM) (Millions $) 3,851
 Net Income (TTM) (Millions $) 378
 Cash Flow (TTM) (Millions $) 240
 Capital Exp. (TTM) (Millions $) -60
 Dividend TTM ($) 0.54 $
 Dividend Yield TTM (%) 0.24 %
 Employees (TTM) $ 11,800
   


  News about Acuity Brands Inc Earnings

Acuity Brands Inc Overcomes Revenue Decline with Strong Earnings Growth2.

Despite facing soft orders in the second quarter of 2024, Acuity Brands Inc managed to improve its earnings per share (EPS) by 10.51% to $2.84 per share. This is a positive development considering the revenue fell by -4.048% to $905.40 million, year on year. In comparison to the prior reporting period, revenue decreased by -3.104% from $934.40 million and profits fell by -11.53% from $3.21 per share.
However, it is noteworthy that despite these challenges, the net income of $89.200 million in the second quarter of 2024 increased by 7.21% from net earnings of $83.200 million reported in the second quarter of 2023. Acuity Brands Inc also highlighted its improving profit margins, with the net margin rising ...

Acuity Brands Inc Shatters Expectations with 40% Surge in Earnings Per Share

e: November 30, 2023
Acuity Brands Inc (AYI) has managed to achieve a substantial increase in earnings per share (EPS) and profit per share despite a decline in revenue during the period from September to November 30, 2023. The company's profit per share surged by 40.17% to $3.21, while revenue declined by -6.363% to $934.40 million compared to the same period in the previous year.
EPS demonstrated significant improvement compared to the prior quarter, soaring by 2378.17% from $0.13 per share. However, revenue deteriorated by -7.522% from $1.01 billion. Despite the weak revenue, Acuity Brands reported a bottom-line of $100.600 million for the September to November 30, 2023 period, representing a 34.3...

Acuity Brands Inc Records a Sharp Contraction of -8.998% in Revenue, Highlighting Challenges in Fiscal Q4 2023

Acuity Brands Inc, a prominent player in the electric and wiring equipment industry, recently released their financial report for the fiscal fourth quarter of 2023. While the numbers may have shown a decline in revenue and profits, there are several positive factors to consider when assessing the company's performance.
In the fiscal fourth quarter of 2023, Acuity Brands Inc experienced a decline in revenue by -8.998% to $1.01 billion compared to the same period a year ago. This softness in revenue resulted in a significant decrease in profits, with earnings per share tumbling by -96.26% to $0.13 from $3.47 per share in the previous year. However, it is essential to put these figures into context and cons...

Acuity Brands Inc Achieves Remarkable 6.84% Surge in Bottom-line Amidst Weak Revenue for the Electric & Wiring Industry

Acuity Brands Inc Sees Growth in Earnings Despite Declining Revenue
July 15, 2023
Acuity Brands Inc, a prominent lighting and building management solutions provider, faced a setback in revenue during the March to May 31, 2023 time-frame. However, the company managed to achieve growth in earnings per share, demonstrating its resilience in challenging market conditions.
During this period, Acuity Brands Inc reported an income per share growth of 6.84%, reaching $3.28 per share. While revenue experienced a decline of -5.685% year on year, totaling $1.00 billion. Comparing these figures to the previous financial reporting period, earnings surged by an impressive 27.63% from $2.57 per share, while rev...


Date modified: 2024-04-05T20:29:27+00:00





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