Acuity Brands, Inc. (AYI) CEO Neil Ashe on Q2 2021 Results - Earnings Call Transcript

Mar. 31, 2021 2:55 PM ETAcuity Inc. (AYI) StockAYI
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Q2: 2021-03-31 Earnings Summary

EPS of $2.12 beats by $0.38
 | Revenue of $776.60M (-5.78% Y/Y) misses by $5.81M

Acuity Brands, Inc. (NYSE:AYI) Q2 2021 Results Earnings Conference Call March 31, 2021 10:00 AM ET

Company Participants

Charlotte McLaughlin - Vice President, Investor Relations
Neil Ashe - Chairman, President & Chief Executive Officer
Karen Holcom - Senior Vice President & Chief Financial Officer
Richard Reece - Executive Vice President & President of Acuity Brands Lighting

Conference Call Participants

John Walsh - Credit Suisse
Ryan Merkel - William Blair
Chris Snyder - UBS
Jeffrey Sprague - Vertical Research
Christopher Glynn - Oppenheimer
Timothy Wojs - Baird
Brian Lee - Goldman Sachs
Jeffrey Osborne - Cowen

Operator

Ladies and gentlemen, thank you for standing by. And welcome to the Acuity Brands Second Quarter 2021 Earnings Conference Call. At this time, all participants’ lines are in listen-only mode. [Operator Instructions] After today's presentation, there will be a formal question-and-answer session. [Operator Instructions] At – please be advised that today’s conference may be recorded

I’d now like to hand the conference over to your host today, Charlotte McLaughlin, Vice President, Investor Relations. Please go ahead.

Charlotte McLaughlin

Thank you, Liz. Good morning and welcome to the Acuity Brands 2021 second quarter earnings call. As a reminder, some of our comments today maybe forward-looking statements. Based on management’s beliefs and assumptions and installation [Ph] currently available to management at this time. These beliefs are subject to known and unknown risks and uncertainties, many of which maybe beyond our control. Increasing those details in our periodic SEC filings, please note that the company’s actual results may differ materially from those anticipated. I will undertake no obligation to update these statements. Reconciliations of certain non-GAAP financial metrics with our corresponding GAAP measures are available in our 2021 second quarter earnings release which is available on our investor relations website at www.investors.acuitybrands.com

With me this morning is

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