Shares of Acuity Brands (AYI) moved higher on the stock market today on signs that overall demand will continue to broaden and lift future results past a disappointing fiscal Q2 that was hurt by poor weather in some areas.
The maker of lighting products for the industrial, commercial and residential markets earned 75 cents a share, up 21% from a year earlier but below consensus estimates for 83 cents. Read More At Investor’s Business Daily.