On Tuesday, April 4th, Acuity Brands (AYI) will release its second quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of D.
In our video David will take a look at the current state of Acuity, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
Acuity in Focus
Acuity Brands, Inc. is comprised of the Acuity Lighting Group and Acuity Specialty Products. The Acuity Lighting Group is the world's largest lighting fixture manufacturer and includes brands such as Lithonia Lighting, Holophane, Peerless, and Hydrel. Acuity Specialty Products is a leading provider of specialty chemicals and includes brands such as Zep, Enforcer, and Selig.
Acuity is expected to report earnings at $1.70 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $1.88, missing expectations by -$0.18. Their average EPS surprise is -0.96%.
Acuity Brands Inc Price, Consensus and EPS Surprise
Acuity Brands Inc Price, Consensus and EPS Surprise | Acuity Brands Inc Quote
How should investors play Acuity ahead of their earnings report? For insights on the best options trades, then tune in 9:00 am tomorrow to see David’s thoughts.
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