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Acuity Brands Inc  (AYI)
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    Sector  Consumer Discretionary    Industry Electric & Wiring Equipment
 
 

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Solid Top an Bottom-Line Growth


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Acuity Brands Inc announced first quarter 2016 operating income of $126.6 millions



Acuity Brands Inc delivered strong first quarter 2016 Sales and earnings increase, where Sales grew by 15.56 % to $851 millions when compared with the prior year period, income increased by 18.47 % at $1.86 per share.

Eps decreased from the preceding quarter from $1.88 per share, Sales deteriorated by -8.02 % from $925 millions.

Net income of $82 millions in the first quarter 2016 increased by 19.44 % from net earnings of $68 millions reported in the first quarter 2016 a year ago. Although operating margin fell to 14.87%, in the first quarter 2016, the company's net margin actually improved to 9.6%.


Acuity Brands Inc is expected to report next financial results on October 16, 2017.
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Acuity Brands Inc reported forth quarter 2016 earnings

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