Shares of Acuity Brands Inc. (NYSE:AYI) surged by almost 8% in Thursday’s pre-market session after the company posted fiscal third-quarter results that blew past Wall Street forecasts.
The Atlanta-based firm, known for its lighting and smart building technology, reported adjusted earnings per share of $5.12, far above the $4.30 consensus estimate. Revenue also came in strong at $1.2 billion, exceeding analyst projections of $1.15 billion.
The robust results were driven by solid demand across both of the company’s major divisions—Acuity Brands Lighting and Acuity Intelligent Spaces. The business segments offer a range of solutions from advanced lighting systems to integrated building automation and AV controls.
Although the company didn’t specify its year-over-year revenue growth rate, the strong beat on top- and bottom-line metrics highlights Acuity’s momentum in the commercial and industrial markets.
Looking ahead, Acuity declared a $0.17 per share quarterly dividend, scheduled for August 1, 2025, to shareholders on record as of July 18, 2025.
Acuity currently employs about 13,000 workers across its operations in North America, Europe, and Asia, continuing to expand its global footprint in the smart infrastructure space.