12:00 PM New York – Acuity Brands first-quarter net surged 19% to $82 million. Commercial Metals first-quarter net plunged 75% to $6 million. Global Payments second-quarter net tumbled 37% to $50 million.
Tollbooth Index edged up 5.81 to 11,330.
Acuity Brands, Inc
), the lighting solutions provider reported revenues in the first-quarter ending in November soared 16% from a year ago to $851.2 million.
Net income in the quarter surged 19% to $81.7 million or $1.86 per diluted share compared to the $68.4 million or $1.57 per share in the same quarter last year.
), the intellectual property license provider lifted revenues forecast in the fourth-quarter of about $21.2 million compared to the earlier estimated range of $18.5 million to $19.5 million.
CEVA said earnings per share to exceed the previously forecasted range between 15 cents and 17 cents.
The company schedule to release its fourth quarter and year end results on February 1.
Commercial Metals Company
), the steel and metal products recycler stated revenues in the first-quarter ending in November slumped 6.9% from a year ago to $1.1 billion.
Net income in the quarter plunged 74.9% to $6.3 million or 5 cents per diluted share compared to the $25.1 million or 21 cents per share in the same quarter last year.
Global Payments Inc
), the payment technology provider said revenues in the second-quarter ending in November advanced 30.4% from a year ago to $941.8 million.
Net income in the quarter tumbled 37.2% to $49.5 million or 32 cents per diluted share compared to the $78.8 million or 60 cents per share in the same quarter last year.
The payment technology provider forecasted revenues in the year of $3.35 billion to $3.45 billion, represents growth of about 18% to 21% and earnings per share of about $3.70 to $3.90, representing growth of 16% to 23%.
), the footwear, apparel and accessories retailer and wholesaler said comparable sales in the quarter ending on January 5, including both stores and direct sales, were flat.
The retailer said same store sales fell 2% but sales in e-commerce and catalog sales businesses jumped 11%.
Genesco forecasted diluted earnings per share in the year ending on January 28, in the range of $3.80 to $4.
The footwear, apparel and accessories retailer scheduled to release its fourth quarter and full-year results on March 10.