Acuity Analysts Raise Their Forecasts Following Upbeat Q4 Earnings
1. AYI reported Q4 earnings of $5.20 EPS, exceeding estimates. 2. Net sales grew 17.1% year-over-year to $1.21 billion. 3. Analysts adjusted price targets upwards, signaling confidence in AYI. 4. Shares saw a slight decline of 0.6% after earnings. 5. Management highlighted strong performance and profitability improvements.