Wednesday, April 3, 2019

Acuity Brands Q2 Profit Beats Estimates; Sales Up 2.7% - Quick Facts

Acuity Brands, Inc. (AYI) reported that its adjusted EPS for the second quarter of fiscal 2019 increased 5.3 percent, to $1.99 compared with adjusted diluted EPS of $1.89 for the year-ago period. On average, 9 analysts polled by Thomson Reuters expected the company to report profit per share of $1.81 for the quarter. Analysts' estimates typically exclude special items. Adjusted operating profit increased 6.7 percent, to $112.4 million from the year-ago period adjusted operating profit of $105.3 million.

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