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Acuity Brands Inc Q4 adjusted earnings Beat Estimates

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

The company's profit came in at $108.2 million, or $2.70 per share. This compares with $90.5 million, or $2.15 per share, in last year's fourth quarter.

Excluding items, Acuity Brands Inc reported adjusted earnings of $107.4 million or $2.68 per share for the period.

Analysts had expected the company to earn $2.62 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.4% to $1.06 billion from $0.96 billion last year.

Acuity Brands Inc earnings at a glance:

-Earnings (Q4): $107.4 Mln. vs. $107.3 Mln. last year.
-EPS (Q4): $2.68 vs. $2.55 last year.
-Analysts Estimate: $2.62
-Revenue (Q4): $1.06 Bln vs. $0.96 Bln last year.

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