Acuity Brands (AYI) Tops Q1 EPS by 27c

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Go back to Acuity Brands (AYI) Tops Q1 EPS by 27c

Acuity Brands (AYI) shares jump on earnings, revenue beat

January 9, 2023 12:09 PM EST

Acuity Brands (NYSE: AYI) shares surged Monday morning on the back of its fiscal first-quarter earnings release, which saw it top profit and revenue estimates.

The lighting company said earnings per share for the period were $3.29, $0.27 better than the analyst estimate of $3.02, with revenue, driven by a $63.5 million rise in ABL net sales, came in... More