ATLANTA (AP) _ Acuity Brands Inc. (AYI) on Monday reported fiscal first-quarter net income of $74.9 million.

The Atlanta-based company said it had net income of $2.29 per share. Earnings, adjusted for one-time gains and costs, were $3.29 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.92 per share.

The lighting maker posted revenue of $997.9 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $1 billion.

Acuity Brands shares have climbed 2.5% since the beginning of the year. The stock has fallen 21% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AYI at https://www.zacks.com/ap/AYI

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