Acuity Brands, Inc. (AYI) CEO Neil Ashe on Q3 2020 Results - Earnings Call Transcript

Jul. 01, 2020 12:54 AM ETAcuity Inc. (AYI) StockAYI
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Q3: 2020-06-30 Earnings Summary

EPS of $1.94 beats by $0.59
 | Revenue of $776.20M (-18.09% Y/Y) beats by $29.59M

Acuity Brands, Inc. (NYSE:AYI) Q3 2020 Earnings Conference Call June 30, 2020 10:00 AM ET

Company Participants

Pete Shannin - Vice President, Investor Relations and Corporate Development
Neil Ashe - President and Chief Executive Officer
Karen Holcom - Senior Vice President and Chief Financial Officer
Richard Reece - Executive Vice President

Conference Call Participants

John Walsh - Credit Suisse
Deepa Raghavan - Wells Fargo Securities, LLC.
Christopher Glynn - Oppenheimer & Co Inc.
Tim Wojs - Robert W. Baird & Co., Incorporated
Ryan Merkel - William Blair & Company
Jeffrey Sprague - Vertical Research Partners
Brian Lee - Goldman Sachs

Operator

Good morning, and welcome to Acuity Brands Fiscal 2020 Third Quarter Financial Conference Call. After today’s presentation, there will be a formal question-and-answer session. [Operator Instructions] Today’s conference is being recorded. If you have any objections, you may disconnect at this time.

Now I would like to introduce Mr. Pete Shannin, Vice President, Investor Relations, Corporate Development. Sir, you may begin.

Pete Shannin

Good morning. With me today to discuss our fiscal 2020 third quarter results are Neil Ashe, our President and Chief Executive Officer; Karen Holcom, our Senior Vice President and Chief Financial Officer; and Ricky Reece, our Executive Vice President and President of Acuity Brands Lighting. We are webcasting today’s conference call at acuitybrands.com.

During this call, we will also discuss certain non-GAAP financial measures. Reconciliations to comparable GAAP financial measures can be found in our third quarter press release and 10-Q SEC filing.

I would like to remind everyone that during this call, we may make projections or forward-looking statements regarding future events or future financial performance of the company. Such statements involve risks and uncertainties such that actual results may differ materially. Further, forward-looking statements speak only as of the date they are made and we undertake no obligation

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