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
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。