Acuity Brands is gearing up to unveil its first-quarter financial performance on January 8, 2025, a highly anticipated event that has prompted leading financial experts on Wall Street to recalibrate their projections. The company, known for its lighting solutions, is expected to show a notable uptick in both its quarterly earnings per share and overall revenue, a positive indicator following a slight miss in its previous quarter's revenue targets. This upcoming report will be closely scrutinized for insights into the company's growth trajectory and market position.
According to comprehensive data compiled by Benzinga Pro, analysts are projecting Acuity to achieve earnings of $4.59 per share for the quarter. This represents a significant improvement from the $3.97 per share reported in the same period last year, signaling a robust recovery and expansion in profitability. Furthermore, the consensus revenue estimate stands at $1.14 billion, a substantial increase from $951.6 million year-over-year, underscoring the company's strong sales growth.
In its fourth-quarter report, released on October 1, Acuity had announced net sales of $1.21 billion, marking a 17.1% year-over-year growth. However, this figure fell slightly short of the analyst consensus estimate of $1.23 billion. Despite this minor setback, the company's stock demonstrated resilience, closing at $376.69 on Monday, reflecting a 0.9% rise.
In anticipation of the upcoming earnings release, several prominent analysts have revised their ratings and price targets for Acuity. Christopher Snyder of Morgan Stanley, known for his 66% accuracy rate, maintained an 'Overweight' rating and elevated his price target from $365 to $425 on October 2, 2025. Concurrently, Brian Lee from Goldman Sachs, with a 60% accuracy rate, kept a 'Neutral' rating but increased his price target from $312 to $356.
Joseph O'Dea of Wells Fargo, holding a 68% accuracy rate, reaffirmed an 'Overweight' rating and adjusted his price target upwards from $380 to $405. Christopher Glynn at Oppenheimer, boasting an impressive 81% accuracy, maintained an 'Outperform' rating and raised his price target from $380 to $435. Lastly, Timothy Wojs of Baird, with a 55% accuracy rate, held a 'Neutral' rating but increased his price target from $335 to $360 on September 25, 2025. These adjustments highlight the varied perspectives and ongoing assessments of Acuity's market value and future prospects among Wall Street's top financial minds.
The consistent re-evaluation of Acuity Brands by financial experts underscores the dynamic nature of market expectations. Investors will be keenly watching the January 8 earnings report for confirmation of these revised forecasts and for further guidance on the company's strategic direction and operational efficiency. The performance data will be crucial in shaping future investment decisions and will provide clarity on whether the company can maintain its growth momentum and meet the increasingly optimistic projections from the analytical community.