AYI

Several major companies reported quarterly earnings with mixed results. Accenture surged 15.8% after beating earnings estimates, while McKesson gained 5.3% on maintained guidance. Conversely, Acuity fell 3.4% and Progress Software dropped 8.5% after missing revenue expectations.

Acuity (AYI) reported quarterly earnings of $5.77 per share, beating consensus estimates of $5.53, with a 4.34% earnings surprise. However, revenues slightly missed expectations at $1.24 billion.

The stock has underperformed the S&P 500 by 25.8% year-to-date and carries a Zacks Rank #4 (Sell) rating due to unfavorable estimate revision trends. The Technology Services industry ranks in the bottom 27% of Zacks industries.