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Earnings Expectations for the Week of January 9
Sunday, January 8, 2012 - 10:41am | 1014The new earnings season kicks off this week when aluminum producer Alcoa (NYSE: AA) reports fourth-quarter results on Monday. JPMorgan Chase (NYSE: JPM) also is scheduled to post fourth-quarter results this week, and so is homebuilder Lennar (NYSE: LEN). Supermarket chain operator Supervalu (NYSE:...
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Earnings Expectations for the Week of October 3
Sunday, October 2, 2011 - 10:00am | 977Though the calendar page has turned, things will be fairly quiet again this week on the earnings front. The new earnings season does not kick off until Alcoa (NYSE: AA) posts its third-quarter results on October 10, followed shortly thereafter by PepsiCo (NYSE: PEP) and JPMorgan (NYSE: JPM). This...
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Oppenheimer Maintains Perform on Acuity Brands
Thursday, June 30, 2011 - 8:51am | 132Oppenheimer is out with its report today on Acuity Brands (NYSE: AYI), maintaining Perform. In a note to clients, Oppenheimer writes, "AYI produced solid top-line performance, with over 12% top-line growth, including over 8% organic (price and volume), with earnings roughly in line, as growth...
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Earnings Expectations for the Week of June 27
Sunday, June 26, 2011 - 9:56am | 1012As the calendar quarter winds down this week, S&P 500 components scheduled to report quarterly results include Family Dollar Stores, General Mills, Monsanto and Nike. Analysts on average are expecting to see year-over-year earnings growth from each of them. Here are the consensus per-share...
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Oppenheimer Reports Solid FY3Q On Acuity Brands
Friday, June 24, 2011 - 8:57am | 96According to Oppenheimer, Acuity Brands (NYSE: AYI) shares have taken a particularly notable hit. Oppenheimer said that the shares are down over 4% Wednesday on heavy volume and traded down as much as 4% Thursday before finishing flat on the day, in what appeared to be a reaction to Philips...
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Wedbush Lowers PT On Acuity To $44
Thursday, March 31, 2011 - 8:40am | 27Wedbush Securities has lowered the price target on Acuity Brands (NYSE: AYI) from $46 to $44 and maintains its Neutral rating.
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Wedbush Issues AYI 2Q11 Preview
Monday, March 28, 2011 - 9:13am | 80Wedbush has issued a report on Acuity Brands' second quarter preview. Wedbush writes, "We forecast 2Q11 (Feb.) revenue/EPS of $412.7m/$0.55 vs. consensus estimates of $410.5m/$0.50. We include around $12m from the October 2010 acquisition of Winona in our forecast. Our 2Q11 estimates are above...
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Oppenheimer Downgrades Acuity Brands To Perform
Tuesday, January 11, 2011 - 9:04am | 25Oppenheimer has downgraded Acuity Brands, Inc. (NYSE: AYI) from Outperform to Perform and maintains its $59 price target.