Acuity Brands Earnings: Your Sneak Peek to the Big Announcement

Acuity Brands (NYSE:AYI) will report earnings before markets open on Wednesday, April 3rd. 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 $0.62 per share on revenues of $469.21 million. Currently, the company’s P/E ratio stands at 26.41.

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 $0.94 to a profit $0.89. For the current year, the average estimate is a profit of $3.26, 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 ($) in millions 2,027 1,657 1,627 1,796 1,934
Diluted EPS ($) 3.50 2.00 1.80 2.42 2.72

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

Quarter Nov. 30, 2011 Feb. 29, 2012 May. 31, 2012 Aug. 31, 2012 Nov. 30, 2012
Revenue ($) in millions 474.30 457.70 487.50 514.20 481.10
Diluted EPS ($) 0.70 0.46 0.79 0.77 0.61

Past Performance:
Acuity Brands has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

“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)