Acuity: Fiscal Q4 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — Acuity Inc. (AYI) on Thursday reported fiscal fourth-quarter earnings of $173 million.

The Atlanta-based company said it had profit of $5.63 per share. Earnings, adjusted for one-time gains and costs, came to $5.77 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $5.53 per share.

The lighting maker posted revenue of $1.24 billion in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $1.25 billion.

For the year, the company reported profit of $531.3 million, or $17.05 per share. Revenue was reported as $4.64 billion.

Acuity shares have decreased 14% since the beginning of the year. The stock has declined 10% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AYI at https://www.zacks.com/ap/AYI