Form 8-K ACUITY BRANDS INC For: Oct 05

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Go back to Form 8-K ACUITY BRANDS INC For: Oct 05

Roth Capital Cuts PT on Acuity Brands (AYI) to $250 Following Q4 Numbers; Still Sees Tough FY17

October 5, 2016 3:18 PM EDT

Roth Capital trims its price target on Neutral-rated Acuity Brands (NYSE: AYI) from $275 to $250 following Q4 results released earlier Wednesday.

The firm commented, Acuity posted F4Q16 disappointing results, delivering revenue and adjusted EPS below our estimates by approximately $20m and $0.17,... More