Acuity Brands (NYSE:AYI) issued its earnings results on Wednesday. The electronics maker reported $2.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.68 by $0.35, MarketWatch Earnings reports. The business had revenue of $792.00 million for the quarter, compared to the consensus estimate of $790.31 million. Acuity Brands had a net margin of 7.46% and a return on equity of 14.43%. The firm’s revenue for the quarter was down 5.1% on a year-over-year basis. During the same period in the previous year, the company earned $2.13 earnings per share.
NYSE AYI traded down $5.74 during trading on Friday, reaching $115.52. The company’s stock had a trading volume of 15,692 shares, compared to its average volume of 453,267. The firm has a 50 day moving average price of $118.03 and a 200 day moving average price of $104.60. Acuity Brands has a 12 month low of $67.46 and a 12 month high of $143.55. The firm has a market capitalization of $4.26 billion, a price-to-earnings ratio of 18.80, a price-to-earnings-growth ratio of 1.68 and a beta of 1.52. The company has a current ratio of 2.33, a quick ratio of 1.81 and a debt-to-equity ratio of 0.18.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 1st. Shareholders of record on Wednesday, January 20th will be paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 0.45%. The ex-dividend date is Tuesday, January 19th. Acuity Brands’s dividend payout ratio (DPR) 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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