Acuity Brands Reports Fiscal 2019 First Quarter Results

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Acuity Brands (AYI) Tops Q1 EPS by 14c

January 9, 2019 8:31 AM EST

Acuity Brands (NYSE: AYI) reported Q1 EPS of $2.32, $0.14 better than the analyst estimate of $2.18. Revenue for the quarter came in at $932.6 million versus the consensus estimate of $922.07 million.

Outlook

Mr. Nagel commented, We remain cautiously optimistic for fiscal 2019 and do not believe that the demand outlook has meaningfully changed since our prior outlook provided in early October 2018. Our wide and varied base of... More