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Acuity Brands Inc. (AYI) Fell To A 2-Mnth Low After Q2 Miss

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.

by RTTNews Staff Writer

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