Acuity Brands Reports Fiscal 2018 Third Quarter Results

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Acuity Brands (AYI) Tops Q3 EPS by 20c

July 3, 2018 8:31 AM EDT

Acuity Brands (NYSE: AYI) reported Q3 EPS of $2.37, $0.20 better than the analyst estimate of $2.17. Revenue for the quarter came in at $944 million versus the consensus estimate of $898.91 million.

Outlook

Mr. Nagel commented, Third-party forecasts and leading indicators suggest that demand in the North American lighting market, the Companys primary market, will improve modestly in the second half of calendar 2018 following several... More