Acuity Brands (NYSE:AYI) announced its earnings results on Wednesday. The electronics maker reported $2.03 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.68 by $0.35, MarketWatch Earnings reports. Acuity Brands had a net margin of 7.46% and a return on equity of 14.43%. The firm had revenue of $792.00 million for the quarter, compared to analyst estimates of $790.31 million. During the same quarter last year, the business earned $2.13 earnings per share. Acuity Brands’s revenue was down 5.1% compared to the same quarter last year.
Shares of NYSE AYI opened at $115.99 on Friday. The company has a market capitalization of $4.27 billion, a price-to-earnings ratio of 18.50, a PEG ratio of 1.68 and a beta of 1.52. Acuity Brands has a 1-year low of $67.46 and a 1-year high of $132.00. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.33 and a quick ratio of 1.81. The business has a 50-day moving average of $118.26 and a 200-day moving average of $104.75.
The business also recently announced a quarterly dividend, which will be paid on Monday, February 1st. Stockholders of record on Wednesday, January 20th will be given a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 0.45%. The ex-dividend date of this dividend is Tuesday, January 19th. Acuity Brands’s payout ratio is 6.92%.
About Acuity Brands
Acuity Brands, Inc provides lighting and building management solutions and services for commercial, institutional, industrial, infrastructure, and residential applications in North America and internationally. The company offers lighting and control products and solutions, including recessed, surface, and suspended lighting; down, decorative, emergency and exit, track, day, special-use, street and roadway, parking garage, tunnel, underwater, area pedestrian, flood, decorative site, and landscape lighting; occupancy sensors; photo controls; relay panels; architectural dimming panels; and integrated lighting controls systems.
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