Acuity Brands (AYI) Declares $0.13 Quarterly Dividend; 0.3% Yield
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Acuity Brands (AYI) PT Lowered to $226 at Cowen on 3Q Beat; 'Lower Estimates Could Prove Conservative'
June 29, 2017 5:13 PM EDTCowen lowered its price target on Acuity Brands (NYSE: AYI) to $226.00 (from $230.00) while maintaining a Outperform rating, following the company's third quarter earnings announcement.
Analyst Jeffrey Osborne notes the company delivered third quarter earnings per share and revenue results above consensus... More
Acuity Brands (AYI) Tops Q3 EPS by 12c, Beats on Revenues
June 29, 2017 8:39 AM EDTAcuity Brands (NYSE: AYI) reported Q3 EPS of $2.15, $0.12 better than the analyst estimate of $2.03. Revenue for the quarter came in at $891.6 million versus the consensus estimate of $879.19 million.
Outlook
Mr. Nagel commented, While forecasts suggest that softness in demand in the North American lighting market that began in the third calendar... More
