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Stock Alert: AYI

by Harris Roen Editor
Roen Financial Report
Tuesday, January 12, 2016
 

Today’s Alert:

Acuity Brands, Inc (AYI)

A pullback in this LED lighting stock after a strong earnings report suggests that it may have gotten ahead of itself.

 

Acuity Brands, Inc (AYI)
More Info
Lighting efficiency company Acuity Brands drops 8% in two days on large volume, despite an upbeat earnings report. Earnings and revenues came in above analyst estimates, and net income is 34% higher than the same quarter last year. AYI stock is still up 36% for the year. SEC filing




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Remember to always consult with your investment professional before making important financial decisions.

 
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