Acuity Brands Inc. (AYI) reported second quarter adjusted EPS of $0.57 Wednesday morning, which fell short of the consensus estimate of $0.62.
Acuity Brands gapped open lower Wednesday and fell sharply in early trade. Shares finished down by 6.15 at $57.50 on the highest volume of the year. The stock sank to over a 2-month low and dropped below its 50-day moving average.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.