AYI: Why Acuity Brands Stock is Moving Today

The stock of Acuity Brands (AYI, Financial) saw an upswing today as its price reached $303.79, marking a 1.93% increase. This boost comes on the heels of the company releasing impressive fiscal fourth-quarter 2024 results, fostering strong investor confidence.Acuity Brands, with its recent performance, continues to capture attention in the equity market. The company reported revenues of$ 1.03 billion and an adjusted earnings per share (EPS) of $4.30, exceeding analyst expectations. The year-over-year increa ...