Acuity Brands Q2 Earnings: Tops EPS Estimates, Intelligent Spaces Sales Surge Over 150%, Grows Margins, EBITDA Despite Cash Flow Decline And Sales Miss - Acuity ( NYSE:AYI )
Acuity Brands' Q2 EPS beat estimates at $3.73, but sales missed with $1.01B driven by 151.8% growth in intelligent spaces. Adjusted EBITDA rose to $176.6M with margins up 60 bps, but cash flow dropped versus last year amid mixed segment performance. The 'Trade of the Day' is now live.
https://www.benzinga.com/25/04/44626729/acuity-brands-q2-earnings-tops-eps-estimates-intelligent-spaces-sales-surge-over-150-grows-margins-and-ebitda-des