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Acuity Gears Up For Q3 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. AYI to report Q3 earnings on June 26, expected at $4.43 per share. 2. Projected revenue for Q3 is $1.15 billion, lower than last year's $6.81 billion. 3. Second-quarter sales grew by 11.1% y/y to $1.01 billion, missing estimates. 4. Analysts maintain mixed ratings with varying price target increases. 5. AYI shares closed up 1.3% at $284.44 prior to earnings release.

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FAQ

Why Neutral?

While earnings expected are high compared to last year, revenue drop is concerning. Historical patterns show mixed responses to earnings surprises like these.

How important is it?

Earnings report anticipated to influence short-term market perception and stock pricing significantly.

Why Short Term?

Immediate impact from Q3 results will influence stock price, especially volatility around earnings call.

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