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Acuity Brands (NYSE:AYI) will announce its Q314 earnings results on Tuesday, July 1st. Analysts expect the company to announce earnings of $1.12 per share and revenue of $609.09 million for the quarter.

Acuity Brands (NYSE:AYI) last announced its earnings results on Wednesday, April 2nd. The company reported $0.75 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.84 by $0.09. The company had revenue of $546.20 million for the quarter, compared to the consensus estimate of $553.95 million. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue was up 12.2% on a year-over-year basis. On average, analysts expect Acuity Brands to post $4.17 EPS for the current fiscal year and $5.20 EPS for the next fiscal year.

Acuity Brands (NYSE:AYI) opened at 136.31 on Monday. Acuity Brands has a 52 week low of $75.62 and a 52 week high of $146.28. The stock has a 50-day moving average of $127.7 and a 200-day moving average of $126.9. The company has a market cap of $5.834 billion and a price-to-earnings ratio of 38.64.

Several analysts have recently commented on the stock. Analysts at Sidoti upgraded shares of Acuity Brands from a “neutral” rating to a “buy” rating in a research note on Monday, April 7th. They now have a $172.00 price target on the stock, up previously from $148.00. On the ratings front, analysts at Canaccord Genuity upgraded shares of Acuity Brands from a “hold” rating to a “buy” rating in a research note on Thursday, April 3rd. They now have a $172.00 price target on the stock, up previously from $128.00. Finally, analysts at Northland Securities reiterated a “hold” rating on shares of Acuity Brands in a research note on Wednesday, April 2nd. They now have a $135.00 price target on the stock, up previously from $91.00. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Acuity Brands has an average rating of “Hold” and a consensus price target of $128.87.

Acuity Brands, Inc (NYSE:AYI), incorporated on September 20, 2007, is the parent company of Acuity Brands Lighting, Inc (ABL), and other subsidiaries.

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