Form 10-Q ACUITY BRANDS INC For: Feb 28
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Go back to Form 10-Q ACUITY BRANDS INC For: Feb 28
April 4, 2018 8:53 AM EDT
Acuity Brands (NYSE: AYI) Resumes Trading
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April 4, 2018 8:42 AM EDT
Acuity Brands (NYSE: AYI) reported Q2 EPS of $1.89, $0.22 worse than the analyst estimate of $2.11. Revenue for the quarter came in at $832.1 million versus the consensus estimate of $799.28 million.
Outlook
Mr. Nagel commented, The current weakness in the lighting industry has created a challenging environment for management to drive financial performance in the short term while continuing to invest in attractive longer-term opportunities. Third-party forecasts and leading indicators suggest that demand in the North American lighting market, the Companys primary market, will improve later in calendar 2018. However, we continue to be cautious and... More
