Form 10-Q ACUITY BRANDS INC For: Nov 30

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Go back to Form 10-Q ACUITY BRANDS INC For: Nov 30

Acuity Brands (AYI) Tops Q1 EPS by 7c

January 8, 2016 8:54 AM EST

Acuity Brands (NYSE: AYI) reported Q1 EPS of $1.65, $0.07 better than the analyst estimate of $1.58. Revenue for the quarter came in at $736.6 million versus the consensus estimate of $740.31 million.

Outlook

Vernon J. Nagel, Chairman, President, and Chief Executive Officer of Acuity Brands, commented, We remain very bullish about our prospects for continued future profitable growth. Third-party forecasts as well as key leading indicators suggest that the growth rate for the North American lighting market, which includes renovation and retrofit activity, will be in the mid-to-upper single... More