Acuity Brands: Acuity Brands: Fiscal Q2 Earnings Snapshot

ATLANTA (AP) - ATLANTA (AP) - Acuity Brands Inc. (AYI) on Thursday reported fiscal second-quarter earnings of $77.5 million . The Atlanta -based company said it had net income of $2.45 per share. Earnings, adjusted for amortization costs and costs related to mergers and acquisitions, were $3.73 per share. The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.66 per share. The lighting maker posted revenue of $1.01 billion in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $1.02 billion . Acuity Brands shares have fallen nearly 9% since the beginning of the year. The stock has climbed nearly 2% in the last 12 months. _____ This story was generated by Automated Insights ( http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AYI at https://www.zacks.com/ap/AYI For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News ATLANTA (AP) - ATLANTA (AP) - Acuity Brands Inc. (AYI) on Thursday reported fiscal second-quarter earnings of $77.5 million . The Atlanta -based company said it had net income of $2.45 per share. Earnings, adjusted for amortization costs and costs related to mergers and acquisitions, were $3.73 per share. The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.66 per share. The lighting maker posted revenue of $1.01 billion in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $1.02 billion . Acuity Brands shares have fallen nearly 9% since the beginning of the year. The stock has climbed nearly 2% in the last 12 months. _____ This story was generated by Automated Insights ( http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AYI at https://www.zacks.com/ap/AYI For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News