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Acuity Brands Inc Q4 Income Advances 11%

Acuity Brands Inc (AYI) released a profit for its fourth quarter that gained ground from last year.

The company said its bottom line climbed to $107.3 million, or $2.55 per share. This was higher than $96.9 million, or $2.21 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.43 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.5% to $957.6 million. This was up from $925.5 million last year.

Acuity Brands Inc earnings at a glance:

-Earnings (Q4): $107.3 Mln. vs. $96.9 Mln. last year.
-Earnings Growth (Y-o-Y): 10.7%
-EPS (Q4): $2.55 vs. $2.21 last year.
-EPS Growth (Y-o-Y): 15.4%
-Analysts Estimate: $2.43
-Revenue (Q4): $957.6 Mln vs. $925.5 Mln last year.
-Revenue Change (Y-o-Y): 3.5%

by RTTNews Staff Writer

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