ATLANTA (AP) — ATLANTA (AP) — Acuity Brands Inc. (AYI) on Wednesday reported fiscal first-quarter profit of $106.7 million.
The Atlanta-based company said it had profit of $3.35 per share. Earnings, adjusted for one-time gains and costs, came to $3.97 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.89 per share.
The lighting maker posted revenue of $951.6 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $952 million.
Acuity Brands shares have risen 4% since the beginning of the year. The stock has climbed 49% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AYI at https://www.zacks.com/ap/AYI
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。