S&P 500 2,441.20 17.28
Gold$1,224.80 $5.30
Nasdaq 6,253.81 61.92
Crude Oil $60,490.00      $-1570.00
DAILY EARNINGS

Acuity Brands Net Soars, Bed Bath & Beyond Net Drops


Author: Mukesh Buch
ticker.com
Last Update: 11:48 AM ET January 09 2015

12:30 AM New York Acuity Brands first-quarter net soared 15% to $51 million. AZZ third-quarter net jumped 9% to $20 million. Bed Bath & Beyond third-quarter net declined 5% to $225 million. PriceSmart first-quarter net slipped 5% to $21 million. Synergy Resources first-quarter net surged 247% to $21 million.

Tollbooth Index dropped 1.3% or 129.05 to 9,892.60.

Earnings Review

Acuity Brands, Inc (AYI), the lighting and fixtures provider reported revenues in the first-quarter ending in November climbed 12.5% to $647.4 million from a year ago period.

Net income in the quarter soared 14.8% to $51.1 million or $1.17 a diluted share compared to $44.5 million or $1.03 from the same quarter last year.

AZZ Inc (AZZ), the engineering service provider said revenues in the third-quarter ending in November surged 13.7% to $224.8 million from a year ago period.

Net income in the quarter jumped 8.7% to $20 million or 77 cents a diluted share compared to $18.4 million or 72 cents from the same quarter last year.

The company said backlog at the end of quarter was $300.3 million compared to $290 million in the same period a year ago.

Bed Bath & Beyond Inc (BBBY), the home furnishing retailer reported net sales in the third-quarter ending in November rose 2.7% to $2.94 billion in the same period a year ago. Comparable store sales in the quarter increased 1.7%.

Net income in the quarter declined 5% to $225.4 million or $1.23 a diluted share compared to $237.2 million or $1.12 from the same quarter last year.

PriceSmart, Inc (PSMT), the discount store operator said net sales in the first-quarter ending in November climbed 7.9% to $636.4 million in the same period a year ago.

Net income in the quarter slipped 5% to $20.6 million or 68 cents a diluted share compared to $21.4 million or 71 cents from the same quarter last year.

Synergy Resources Corp (SYRG), the oil and gas explorer stated revenues in the first-quarter ending in November jumped 121% to $42.5 million in the same period a year ago.

Net income in the quarter surged 247% to $21.2 million or 26 cents a diluted share compared to $6.1 million or 8 cents from the same quarter last year.
  1
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc