Acuity Brands reports Q1 adjusted EPS $3.72, consensus $3.23

Reports Q1 revenue $935M, consensus $935.14M. “We continued to demonstrate strong execution in our fiscal 2024 first quarter,” stated Neil Ashe, Chairman, President and CEO of Acuity Brands, Inc. “We increased our adjusted operating profit, adjusted operating profit margin and adjusted diluted earnings per share. We generated significant free cash flow, and we allocated capital effectively to drive value.”