Acuity Brands Reports Fiscal 2020 First Quarter Results

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Go back to Acuity Brands Reports Fiscal 2020 First Quarter Results

Acuity Brands (AYI) Resumes Trading

January 9, 2020 8:51 AM EST

Acuity Brands (NYSE: AYI) Resumes Trading

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Acuity Brands (AYI) Misses Q1 EPS by 8c, Revenue Light, Offers Outlook

January 9, 2020 8:41 AM EST

Acuity Brands (NYSE: AYI) reported Q1 EPS of $2.13, $0.08 worse than the analyst estimate of $2.21. Revenue for the quarter came in at $834.7 million versus the consensus estimate of $874.72 million.

Outlook:

Mr. Nagel commented, We remain cautious about overall market conditions within the lighting industry for the remainder of our fiscal 2020 primarily due to continued economic uncertainties caused by... More