ATLANTA (AP) _ Acuity Brands Inc. (AYI) on Friday reported fiscal first-quarter profit of $87.6 million.

The Atlanta-based company said it had profit of $2.46 per share. Earnings, adjusted for one-time gains and costs, came to $2.85 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.37 per share.

The lighting maker posted revenue of $926.1 million in the period.

Acuity Brands shares have dropped slightly since the beginning of the year. The stock has climbed 64% 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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